Dangote Petroleum Refinery and Petrochemicals FZE has increased the gantry price of Premium Motor Spirit (petrol) from N1,185 to N1,200 per litre, effective August 26, 2026....
The 31 companies that emerged winners of 37 oil and gas blocks in the 2025 Licensing Round must pay their signature bonuses within the stipulated period...
Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Company Limited and CNL Joint Venture, has stressed the importance of strengthening the regulatory framework in...
Nigeria has mined over 4.6 billion barrels of crude oil from deep offshore assets worth over 5,000 tankers. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), revealed...
Brent crude closed above $90 per barrel on Monday as Iran threatened to launch a military offensive in the Strait of Hormuz if diplomatic efforts to...
A call has been made for stronger collaboration among government, the private sector and other industry stakeholders to maximise the economic and industrial opportunities presented by...
The United Arab Emirates’ state-owned oil giant ADNOC said Saturday one of its vessels came under attack in the Hormuz strait, the latest incident in the...
In the bid to ease crude oil offtake by domestic refiners, address pricing and logistics challenges, the Nigerian government is taking a look at proposals for...
Nigeria has met and exceeded its Organisation of Petroleum Exporting Countries (OPEC) quota of 1.5mbpd for the third consecutive month. The Nigerian Upstream Petroleum Regulatory Commission...
Crude oil and condensate supply to local refineries rose by 88.4 percent to 53.7 million barrels in the second quarter of 2026, Q2’26, from 28.5 million...
