The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture...
…Petrol importers lose as landing cost hits N969/litre A fierce petrol price war has erupted in Nigeria’s downstream oil sector...
Other African nations are now leading the charge in newly discovered crude oil reserves, while Nigeria was notably absent from...
The African Petroleum Producers’ Organization (APPO) has announced that it will not sacrifice the objectives of setting up the African...
The Minister for State, Petroleum Resources (Oil), Heineken Lokpobiri, has decried the underperformance of Upstream operators, citing it as a...
…says Nigeria rig count to reach 50 by end of 2025 The Nigerian government has said that the Nigeria Gas...
Nigerians may be experience petrol scarcity in coming days as Independent Petroleum Marketers Association of Nigeria (IPMAN) threaten to embark...
President of Dangote Industries Limited (DIL), Aliko Dangote has revealed that his company – the Dangote Petroleum Refinery – has...
Crude oil prices edged higher today, with Brent Crude and West Texas Intermediate (WTI) rising nearly 0.5 percent to $76.45...
The Nigerian Midstream Downstream Petroleum Regulatory Authority has noted a shortfall in the production of petrol by local refineries, stating...
Crude oil production in Nigeria currently averages 1.75 million barrels per day (BOPD), with a gas production rate of 7...
More oil marketers are joining MRS in directly lifting petroleum products from the Dangote Refinery facility, following the successful commencement...
The African Petroleum Producers Organization (APPO), in preparation for the commencement of the $5 billion Africa Energy Bank has announced...
The federal government has signed agreements with Algeria and Niger to push forward the Trans-Saharan Gas Pipeline (TSGP) project, which...
…mulls scrapping of 60,000 litres petroleum truck The Nigerian Midstream, Downstream Petroleum Regulatory Authority (NMDPRA) has begun engagements with relevant...