FG praises ExxonMobil over $3.5 Billion Investment in Nigeria’s Oil and Gas Sector The Federal Government has described the scale of investments by ExxonMobil Nigeria in the oil and gas sector as commendable, noting that suRead More
Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne CrudeThe Nigerian National Petroleum Company Limited (NNPCL) has marked a major milestone in the country’s oil industry with the successful export of a new crudeRead More
JUST IN: Dangote crashes petrol price by N100 as crude oil dips by 12.26 percent ..as NNPCL sells PMS at N1,261/l in FCTAs the price of crude oil crashed 12.26 per cent to $83.15 per barrel yesterday, Dangote Petroleum RefiRead More
Fuel Price Hike: We Incur Cost From 47 Government Agencies - Dangote Refinery David Bird, managing director (MD) of the Dangote Refinery, says the refinery incurs costs from 47 government agencies, adding some form of fees Read More
Tinubu oversees historic settlement of OPL 245 dispute…deal with ENI clears path for major deepwater investment… Zabazaba–Etan project expected to add 150,000 barrels daily to Nigeria’s outputPresident Bola Ahmed Tinubu on ThursRead More
The Revenue Mobilisation, Allocation and Fiscal Commission has formally received the final report of the Federal Government’s Inter-Agency Committee on Nigeria’s oil-producing states, with Cross River State projected to be re-liRead More
Dangote Refinery Reaches Full 650,000 BPD Capacity, Sets Global BenchmarkDangote, Africa’s largest oil refinery has achieved a significant operational breakthrough as its Crude Distillation Unit (CDU) and Motor Spirit (MS) produRead More
Petrol Importation Resumes To Close Local Refinery Supply Gaps – MarketersOil marketers say the resumption of petrol and diesel import licences by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is Read More
50 oil blocs: Only applicants with strong credentials will be selected NUPRCThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that only applicants with strong technical and financial credentials will proceRead More
Nigerian key crude oil loadings to fall in March, programmes show LONDON, Jan 28 ((Reuters)) - Exports of four key Nigerian crude oil grades are scheduled at 793,000 barrels per day in March, preliminary loading programmesRead More
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