Category: Oil and Gas

FG, NNPCL eyes $4.5bn savings in oil, gas operations

The Federal Government, through the Nigerian National Petroleum Company Limited, is implementing aggressive measures to...

Fix port Harcourt refinery or resign, IPMAN tells Ojulari

The Independent Petroleum Marketers Association of Nigeria has called on the Group Chief Executive Officer...

NMDPRA approves interim gas transportation tariff for NNPCL subsidiary

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted approval for an interim transportation...

Africa’s 70% fuel import reliance threatens energy security

The African Refiners and Distributors Association has warned that Africa’s heavy reliance on imported petroleum...

Nigeria produced 1.372tn SCF of gas in H1 2025 – NUPRC

Nigeria produced a total of 1.372 trillion Standard Cubic Feet of natural gas between January...

NNPCL rules out sale of P’Harcourt refinery

The Nigerian National Petroleum Company Limited has ruled out selling the Port Harcourt Refining Company,...

Nigerian crude nears benchmark amid Iraq oilfield attacks

Nigerian crude prices moved closer to the Federal Government’s benchmark following a series of drone...

Dangote’s move to crash cooking gas price faces marketers protest

President of Dangote Group, Alhaji Aliko Dangote, has announced intentions to slash the price of...

Dangote refinery to run fully on local crude 2025 Q4 – Report 

Dangote Industries Ltd. aims to run its 650,000-barrel-per-day refinery entirely on Nigerian crude by the...

Eight OPEC+ nations to raise output by 548,000 barrels daily

Eight OPEC+ oil producers agreed on Saturday to boost their combined crude output by 548,000...

FG’s supply failure fuelling monopoly in oil sector – CORAN

The Crude Oil Refineries Association of Nigeria says the perception of the Dangote Petroleum Refinery...

Nigeria’s gas output dips slightly in May – NNPCL

The Nigerian National Petroleum Company Limited has reported a slight decline in the country’s gas...