Petrol battlefield: Dangote, importers locked in brutal price war Nigeria’s downstream petroleum sector has descended into what industry players describe as a full-blown price war following the decision by the Dangote PetroRead More
Petrol battlefield: Dangote, importers locked in brutal price war Nigeria’s downstream petroleum sector has descended into what industry players describe as a full-blown price war following the decision by the Dangote PetroRead More
Nobody will buy NNPC’s refineries — DangotePresident and Chief Executive Officer of Dangote Group, Aliko Dangote, has said that the four refineries owned by the Nigerian National Petroleum Corporation NNPC Limited would not attrRead More
2025 bid round: FG pegs minimum turnover of $100m for deep offshoreThe federal government has said the minimum financial requirement for an entity to participate in the 2025 licensing round is an average $100 million for deep ofRead More
Emadeb strikes first oil from Ibom fieldEmadeb Petroleum Exploration & Production Company (E&P) Limited says it has achieved its first oil from the Ibom field.In a recent statement, the company said drilling from the fieRead More
Oil and gas network hails NUPRC for effective deployment of frontier exploration fundThe Oil and Gas Watchdogs Network has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its Chief Executive, Gbenga KRead More
Energy consortium secures $50 billion to build Africa’s second-largest refinery in Nigeria.An international energy consortium has secured a $50 billion investment to develop what is set to become Africa’s second-largest oil refiRead More
Seplat vs Oando: Who is executing better?Seplat Energy and Oando Plc both operate in the same oil and gas sector and have released their unaudited results for the nine-month period ended September 30, 2025. In October 2025, the Read More
FG Suspends Plannned 15% Import Duty On Petroleum ProductsThe Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday said it is no longer considering implementing the planned 15 per cent duty on imRead More
NUPRC announces 2025 oil licensing round to begin December 1 NUPRC revokes Oritsemeyin rig licence after UDIBE-2 drilling incidentThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2025 OilRead More
Cooking gas still expensive weeks after FG’s intervention Weeks after the Federal Government promised to address the rising cost of Liquefied Natural Gas (LPG), known as cooking gas, the commodity has remained expensRead More