Oil and Gas
Nigeria’s Oil Outlook Under Pressure as Rig Count Falls Sharply, Raising Output and Revenue Concerns
Nigeria’s oil revenue outlook is under renewed pressure following a steep fall in drilling activity, with the country reportedly losing...
NUPRC Notifies Pre-Qualified Applicants For 2025 Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has completed the pre-qualification stage of the 2025 oil Licensing Round...
Dangote Refinery Drives $3.74bn Crude Imports as Nigeria’s Oil Trade Structure Shifts
Nigeria recorded crude oil imports valued at $3.74bn in 2025 linked to the operations of the Dangote Petroleum Refinery &...
Nigeria Imports N5.7tn Worth of Crude Oil in 2025 Amid Domestic Supply Constraints
Nigeria imported crude oil valued at N5.734tn between January and December 2025, despite being Africa’s largest crude producer, as local...
NLNG Commissions Gas Facility, Inducts 103 Trainees in Community Development Push
Nigeria LNG Limited (NLNG) has commissioned a 6.5-tonne gas dispensing facility in Rumuji, Rivers State, as part of efforts to...
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...
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