Oil and Gas
Nigeria’s Crude Output Drops to 1.31mbpd in February Despite Rising Global Oil Prices
Nigeria’s crude oil production declined to 1.31 million barrels per day (bpd) in February, marking a 10.7 per cent decrease...
NNPC, Oil Producers Move to Boost Crude Output as Dangote Refinery Reshapes Fuel Market
The Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced high-level discussions with international oil companies and indigenous producers aimed...
NIPCO Gas to Build 20 New CNG Stations Nationwide
NIPCO Gas Limited has disclosed plans to construct 20 additional Compressed Natural Gas (CNG) stations across Nigeria as part of...
Senate Committee Demands Refund of N210tn From NNPCL, Summons Former Management
The Senate Committee on Public Accounts has directed the Nigerian National Petroleum Company Limited (NNPCL) to account for and refund...
Dangote Refinery Reaffirms Commitment to Energy Stability Amid Global Oil Market Tensions
Dangote Petroleum Refinery and Petrochemicals has reassured Nigerians of its determination to remain a stabilising force in the supply of...
NNPCL to Begin Export of New Cawthorne Crude Grade in March
The Nigerian National Petroleum Company Limited says it will commence export of a new light, sweet crude grade known as...
South-South governors hail Tinubu’s oil revenue order, seek PIA review Oil Revenue
Yenagoa, Feb. 25, 2026 (NAN) The South-South Governors’ Forum (SSGF) has described President Bola Tinubu’s Executive Order on oil revenue...
Nigerian Oil Holds Above Budget Benchmark as Global Risks and Supply Pressures Collide
Nigerian crude oil last traded above $70 per barrel, remaining higher than the Federal Government’s 2026 budget benchmark of $64.85,...
NARTO Expands Fleet with CNG Buses, Cuts Transport Costs by 30% Nationwide
The Nigerian Association of Road Transport Owners (NARTO) has strengthened its transport capacity through a strategic partnership with the Presidential...
Oil Workers Fault Tinubu’s Executive Order on NNPCL, Warn of Job Losses; Academics Applaud Revenue Reform
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on President Bola Tinubu to withdraw and...
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