Nigeria’s crude oil and condensate production fell to an average of 1.51 million barrels per day (mbpd), in February 2026,…
Browsing: Oil
The Nigerian National Petroleum Company Limited (NNPCL), has increased its crude oil allocation to the Dangote Petroleum Refinery for May…
In March 2026, tensions in the Middle East escalated dramatically when U.S. President, Donald Trump, issued a 48-hour ultimatum to…
Nigeria’s downstream petroleum sector is witnessing a historic shift as oil marketers confirm that petrol importation has largely ceased, following…
Nigeria Liquefied Natural Gas Limited (NLNG), one of Africa’s leading energy companies, has announced the appointment of Leye Falade as…
President Bola Ahmed Tinubu has sent two letters to the Senate, requesting confirmation for 21 nominees to serve on the…
Heirs Energies Limited, a leading African indigenous energy company, has acquired a 20.07% equity stake in Seplat Energy Plc from…
Nigeria’s oil production performance in November 2025 has taken a noticeable downturn, with total crude and condensate output dropping to…
The resignation of Engineer Farouk Ahmed, Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has…
In a significant move aimed at strengthening fiscal planning amid global economic uncertainty, the Senate has approved a reduction of…
The Dangote Petroleum Refinery has announced a new petrol pump price of ₦739 per litre, with MRS Oil & Gas…
Lagos State is poised to host its second privately owned oil refinery, as the government confirms that active discussions are…