Nigeria earned ₦55.5tn from crude oil sales in 2025 — NUPRC
Nigeria earned an average of N55.5tn from crude oil sales in 2025, according to an analysis of official production figures from the…
Oil and Gas
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Dangote petrol now costlier than imported fuel after price hike
The landing cost of imported Premium Motor Spirit (petrol) has fallen below the gantry price of petrol from the Dangote Petroleum Refinery…
Dangote Refinery increases petrol price to N839/litre nationwide
Dangote Refinery has announced a N100 per litre increase in the retail price of Premium Motor Spirit nationwide. The company disclosed this…
Oil discovery sparks boundary dispute between Ondo, Ogun monarchs
Discussions over oil exploration in Ogun State took a new turn on Sunday as the Molokun of Atijere Kingdom in the Ilaje…
NNPC congratulates Chevron on oil well completion in N’Delta
The Nigerian National Petroleum Company Limited has congratulated Chevron Nigeria Limited on the successful completion of the Awodi-07 appraisal and exploration well…
Nigeria’s non-oil exports hit record $6.1bn in 2025
Nigeria’s non-oil export sector ended 2025 with its best performance since the creation of the Nigerian Export Promotion Council. Fresh data released…
Dangote Refinery exemplifies Africa’s shift to fuel exporter — Shettima
Vice-President Kashim Shettima has cited the Dangote Refinery as a shining example of Africa’s shift from net importer to net exporter of…
Local refineries supplied 87% of Nigeria’s cooking gas in 2025
Local refineries and gas processing plants, led by the Dangote Petroleum Refinery and NLNG Limited, supplied 87 per cent of Nigeria’s domestic…
Kenya launches historic $824m pipeline company IPO sale
Kenya has launched the sale of a 65 per cent stake in its state-owned oil pipeline operator, seeking to raise KSh106.3 billion…
Seplat’s ANOH gas project produces first gas
Seplat Energy Plc has announced that the 300 MMcfd ANOH project has achieved first gas. The company made this disclosure in filings…
Nigeria’s non-oil exports hit record $6.1bn in 2025
Nigeria’s non-oil exports climbed to an unprecedented $6.1bn in 2025, representing the strongest performance recorded in the sector since the establishment of…
Dangote Refinery to become world’s largest with new expansion
Nigeria’s Dangote Group has awarded a $350 million contract to Engineers India Limited to expand its massive Lekki refinery to 1.4 million…