Nigeria

Photovoltaic （PV）

MDAs Spent N22bn on Solar Installations in 2024 – Report

Federal ministries, departments, and agencies collectively spent a total of N22,782,065,914.14 on various solar power installations across Nigeria in 2024.The e…

Oil & Gas Trade

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortf…

Oil Refinery

BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet

Emmanuel Addeh in Abuja BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, wa…

Oil Refinery

Oil Marketers Want FG to Privatise Kaduna, Warri Refineries

Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatise …

Oil Refinery

New Refineries: NNPCL May Cut Crude Supply to Dangote Plant

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, excep…

Crude Oil

Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri

The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil productio…

Crude Oil

Nigeria’s 2 Million Bpd Oil Production Target Under Threat

The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors r…

Nigeria

Nigeria Resumes Mining in Zamfara State on Improved Security

Nigeria has lifted a ban on mining exploration in the northwestern state of Zamfara after a five-year suspension, the mining minister said, citing improved secu…

Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Natural Gas

Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria

Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off…

Natural Gas

NUPRC to Launch New Oil Licensing Round in 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025.NUPRC Chief Executive Officer …

Oil Pipeline

Oil Spill Occurs in Nigeria Due to Pipeline Rupture

An oil spill occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on 15 Novemb…

Crude Oil

Nigeria’s Oil Sector Gets 30,000BPD Boost

In a landmark development for Nigeria’s oil and gas sector, Oriental Energy Resources Limited has launched a $315 million Floating Production, Storage, an…

Crude Oil

Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai

Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as Vice President Kashim Shettima inaugurated Oriental Energy Resources Limited&r…

Oil Refinery

Dangote Refinery Extends Export to Three African Countries

The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks.The Vice President of Oil and…