Category: Oil and Gas

PENGASSAN rejects Tinubu’s executive order on oil, gas revenues

The Petroleum and Natural Gas Senior Staff Association of Nigeria on Thursday rejected President Bola...

Shell hails Petralon Energy for Dawes Island first oil milestone

Petralon Energy has been commended for the development of the Dawes Island Field, with Shell...

IPPG reports 5.8% rise in 2025 oil output

Nigeria’s average crude oil production in 2025 increased to 1.64 million barrels per day, representing...

NNPCL plans additional 1.8bcf/d gas supply in 2026

The Nigerian National Petroleum Company Limited has disclosed plans to supply an additional 1.8 billion...

A’Ibom rejects claims of returning 76 oil wells to C’River

Akwa Ibom State Attorney General and Commissioner for Justice, Uko Udom SAN, has faulted media...

Petrol imports drop 42.2% as Dangote supply rises

Petrol imports into Nigeria declined by 42.2 per cent in January 2026, falling to an...

NNPC partners Chinese firms to develop gas infrastructure

The Nigerian National Petroleum Company Limited has entered into a tripartite Memorandum of Understanding with...

Nigeria records modest oil production growth amid OPEC shortfall

Nigeria’s crude oil output climbed to 1.459 million barrels per day in January 2026, maintaining...

TotalEnergies cuts Q1 share buyback as oil, gas revenues drop

TotalEnergies announced on Wednesday that it will reduce its first-quarter share buybacks by 62 per...

Dangote slashes petrol price by ₦25 to ₦774/litre

Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit (petrol) by N25 per...

Nigeria gains ₦6tn from downstream petroleum reforms

Nigeria has recorded an estimated ₦6 trillion gain from reforms in the downstream petroleum sector...

Over 180TCF of African Gas remains untapped – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has revealed that more than 180 trillion cubic feet...