Category: Oil and Gas

Dangote Refinery says petrol price remains unchanged nationwide

Dangote Petroleum Refinery and Petrochemicals Limited has stated that the price of Premium Motor Spirit,...

Dangote Refinery raises petrol price to ₦1350/litre

Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of Premium Motor...

NNPCL signs MoU with Chinese firms to revive refineries

The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding with two Chinese...

NNPCL posts ₦276bn profit as gas production surges in March

The NNPC Limited recorded a profit after tax of N276 billion in March 2026, driven...

Nigeria eyes ₦6.8trn oil windfall from US-Iran war

Nigeria could record an additional N6.8 trillion in oil revenue in 2026 as rising crude...

OPEC+ raises output by 188,000 bpd as UAE exits

OPEC+ has approved a modest 188,000 barrels per day increase in production quotas for June,...

Oil rises as White House cites Iran ceasefire deadline pause

Oil prices advanced on Friday, following a turbulent trading session that pushed the June Brent...

Oil prices climb as Iran war talks stall again

Oil prices rose Monday as talks to end the Iran war appeared to be at...

Petrol price hit ₦1,288.54/litre in March — NBS

The National Bureau of Statistics says the average retail price of a litre of petrol...

Dangote Refinery subsidises petrol, diesel for Nigerians, official reveals

A senior management official of the Dangote Group on Monday revealed that the Dangote Petroleum...

Oil prices climb as US-Iran peace talks stall again

Oil prices rose on Monday while stocks were mixed, with the United States and Iran...

NUPENG laments job losses, warns against suppressing workers’ rights

The Nigeria Union of Petroleum and Natural Gas Workers has raised serious concerns over escalating...