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Nigeria
Oil & Gas
Top Five Reasons Refineries Worldwide Are Embracing Blending of Petroleum Products
One expression frequently used since the Nigerian National Petroleum Company Limited recommenced operations at the rejuvenated Port Harcourt Refinery last Novem
Oil & Gas
Oil Hits Four-Month High in Boost for Budget
The price of Brent crude, Nigeria’s benchmark grade, extended gains for a third session on Monday, rising above $80 a barrel to its highest in more than f
Oil & Gas
Geometric Power-NNPC Gas Supply Deal Improves Electricity Supply to Aba
The Southeastern Zone of the Electricity Consumers Association of Nigeria (ECAN) has lauded Aba Power for the radical improvement in recent times in electricity
Oil & Gas
Price May Rise as Crude Hits $81 per Barrel
The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such
Oil & Gas
In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output
Emmanuel Addeh in Abuja Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million ba
Oil & Gas
Asia’s EV Boom Sours Appetite for Nigeria’s Oil
The growing adoption of electric vehicles (EVs) and liquefied natural gas (LNG) as preferred energy sources in Asia has continued to weaken Nigeria’s crud
Oil & Gas
Dangote Refinery Builds Eight More Tanks for Imported Crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.A report by Africa Report has it that the r
Oil & Gas
Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top m
Solar
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
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 & Gas
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 & Gas
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 & Gas
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
Oil & Gas
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
Oil & Gas
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
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Nigeria’s Dangote Refinery Says It Can Deliver 1.5 Billion Litres of Petrol in December
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