Category: Oil and Gas

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...

Oil prices fall amid OPEC+ output hike hopes

Oil prices declined 1 per cent on Monday, driven by reduced geopolitical tensions in the...

Dangote refinery turns to US crude imports amid rising demand

The President of the Dangote Group, Aliko Dangote, revealed that the refinery has increasingly depended on...

Marketers seek foreign traders for cheaper petrol imports

Oil marketers said they have initiated negotiations with international traders to bring in cheaper Premium...

Oil prices surge as Trump urges Tehran evacuation

Crude oil prices climbed over 2% on Tuesday following a call by former President Donald...

PENGASSAN faults FG’s upstream oil tax incentive over insecurity, others

The Petroleum and Natural Gas Senior Staff Association of Nigeria has raised concerns over President...