Dangote Refinery supply now exceeds Nigeria’s demand, says official
The Dangote Petroleum Refinery says the supply of petroleum products has now exceeded Nigeria’s demand. In a statement on Saturday, Anthony Chiejina,…
Oil and Gas
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Ex-IPMAN boss backs 15% import duty to protect local refineries
The former National Operations Controller of the Independent Petroleum Marketers Association of Nigeria, Mr. Mike Osatuyi, has commended President Bola Tinubu for…
Dangote opts for expansion over buying government refineries
President of the Dangote Group, Alhaji Aliko Dangote, has dismissed suggestions that he should acquire one of Nigeria’s idle government-owned refineries, saying…
NNPC seeks technical partners to revive three idle refineries
The Nigerian National Petroleum Company Limited has said that it is seeking technical equity partners to help revive three of its refineries,…
Fuel subsidy removal marked new deregulation era – MEMAN
The Major Energy Marketers Association of Nigeria says the removal of petrol subsidy marked the beginning of a new era of deregulation…
NUPRC urges Bank of America to fund Nigeria’s upstream oil sector
The Nigerian Upstream Petroleum Regulatory Commission has urged the Bank of America to prioritize Nigeria’s upstream oil and gas sector in its…
Fuel subsidy removal unlocked digital transformation in downstream sector – MEMAN
The Major Energy Marketers Association of Nigeria says the removal of the fuel subsidy has ushered in deregulation, opening opportunities for innovation…
15 NMDPRA staff sue PENGASSAN over suspension, caretaker committee
Fifteen staff members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority have sued the Petroleum and Natural Gas Senior Staff Association…
FG pledges total support for Dangote Refinery’s 1.4m BPD goal
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said on Monday that the Federal Government will fully support Dangote Refinery in…
NUPRC reports ₦941bn revenue shortfall in oil, gas sector
Nigeria has recorded a crude oil production shortfall of about 93.74 million barrels in the first eight months of 2025, raising concerns…
Dangote Refinery plans expansion to become world’s largest
The Dangote Petroleum Refinery has announced plans to expand its capacity from 650,000 barrels per day to 1.4 million bpd, a move…
Senate to investigate refinery operations, labour disputes
The Senate has resolved to conduct a comprehensive investigative hearing into the challenges currently facing Nigeria’s downstream petroleum sector, with a firm…