Category: Oil and Gas

Crude oil rises as Trump warns Iran of ‘massive armada’

Oil prices climbed Thursday after President Trump warned that a “massive armada” is heading toward...

NUPRC opens 50 oil blocks for 2025 bidding round

The Nigerian Upstream Petroleum Regulatory Commission has launched the 2025 licensing round by opening 50...

Nigeria earned ₦55.5tn from crude oil sales in 2025 — NUPRC

Nigeria earned an average of N55.5tn from crude oil sales in 2025, according to an...

Dangote petrol now costlier than imported fuel after price hike

The landing cost of imported Premium Motor Spirit (petrol) has fallen below the gantry price...

Dangote Refinery increases petrol price to N839/litre nationwide

Dangote Refinery has announced a N100 per litre increase in the retail price of Premium...

Oil discovery sparks boundary dispute between Ondo, Ogun monarchs

Discussions over oil exploration in Ogun State took a new turn on Sunday as the...

NNPC congratulates Chevron on oil well completion in N’Delta

The Nigerian National Petroleum Company Limited has congratulated Chevron Nigeria Limited on the successful completion...

Nigeria’s non-oil exports hit record $6.1bn in 2025

Nigeria’s non-oil export sector ended 2025 with its best performance since the creation of the...

Dangote Refinery exemplifies Africa’s shift to fuel exporter — Shettima

Vice-President Kashim Shettima has cited the Dangote Refinery as a shining example of Africa’s shift...

Local refineries supplied 87% of Nigeria’s cooking gas in 2025

Local refineries and gas processing plants, led by the Dangote Petroleum Refinery and NLNG Limited,...

Kenya launches historic $824m pipeline company IPO sale

Kenya has launched the sale of a 65 per cent stake in its state-owned oil...

Seplat’s ANOH gas project produces first gas

Seplat Energy Plc has announced that the 300 MMcfd ANOH project has achieved first gas....