Oil and Gas

Nigeria’s oil output hits 1.8m barrels daily – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has announced that the country's oil production exceeded 1.8 million barrels per day in…

Competition erupts as petrol importers undercut Dangote refinery

A fierce price competition has broken out in Nigeria's fuel market, with importers slashing petrol prices below those offered by…

Tinubu hosts Dangote in Abuja amid private-sector oil talks

President Bola Tinubu hosted billionaire industrialist Aliko Dangote for a private meeting at the State House in Abuja on Tuesday…

Latest Oil and Gas

Lagos bans under bridge trading, plans green space conversion

The Lagos State Government has issued a stern warning to traders operating…

Dangote vows to slash cooking gas prices, bypass marketers

The President of Dangote Group, Aliko Dangote, has announced plans to significantly…

Petroleum marketers slash fuel price as nation mourns Buhari

Nigerians will welcome a rare economic respite today as petroleum marketers implement…

Oil prices sink 5% as Israel-Iran ceasefire takes effect

Oil prices tumbled sharply Tuesday after Israel agreed to a United States-brokered…

NNPC, marketers hike petrol price in Abuja

The Nigerian National Petroleum Company Limited and other fuel marketers increased petrol…

POS transactions surge to N223tn in 2024 as ATM usage declines

The use of Point of Sale terminals in Nigeria has seen a…

Nigeria’s Bonny Light crude rises to $76.60 amid Israel-Iran tensions

The price of Nigeria's Bonny Light crude oil rose to $76.60 per…

FG secures extra 20mscf gas supply to boost CNG-powered vehicles

The Federal Government announced on Monday that it has reached an agreement…

Isreal-Iran: Oil prices hit $77/b, surpass Nigeria’s benchmark

Global oil prices surged past Nigeria’s 2025 budget benchmark of $75 per…

VIDEO: Dangote’s 4,000 CNG trucks arrive Nigeria

Dangote Petroleum Refinery has taken delivery of 4,000 brand-new Compressed Natural Gas-powered…

Oil prices fall amid Israel-Iran war, gold price surges

Oil prices fell on Monday as market concerns about a widening Middle…

ECOWAS hails Dangote refinery as Africa’s industrial beacon

The President of the ECOWAS Commission, Dr. Omar Alieu Touray, has described…

Nigeria to leverage 209trl gas reserves for energy transition – Presidency

The Nigerian government has identified its massive 209 trillion cubic feet of…

IOCs not leaving Nigeria, only rebalancing operations — Presidency

The Presidency says contrary to views in certain quarters, the International Oil…

Dangote refinery announces fresh petrol price slash nationwide

The Dangote Petroleum Refinery has implemented a new nationwide reduction in the…