The Nigerian National Petroleum Company Limited (NNPCL) and its former Group Chief Executive Officer, Mele Kyari, have pushed back against claims that they improperly awarded a...
The Dangote Petroleum Refinery has attributed its ability to reduce petrol prices to the naira-for-crude initiative, highlighting its commitment to maintaining affordability at fuel stations. In...
A recent dip in production at the Dangote Petroleum Refinery, triggered by maintenance operations, has prompted a rise in fuel imports across West Africa, with Nigeria...
Nigeria has secured more than $8 billion in new investments for deepwater and gas ventures over the past year, marking a substantial jump from $6.7 billion...
Nigerian oil prices have come under pressure amid indications that Iran is open to reviving a nuclear deal with the United States, a move that could...
The Petroleum Technology Association of Nigeria (PETAN) has called on the federal government to urgently craft a strategic framework aimed at significantly increasing the country’s oil...
Dangote Packaging Limited (DPL) has unveiled plans to expand its reach into the African export market, following a significant boost in production capacity enabled by the...
Nigeria is facing mounting economic pressure as Brent crude prices plunge below $60 per barrel, raising alarms about a weaker naira and a widening fiscal deficit....
The Federal Government has imposed a ban on the importation of oil pipelines into Nigeria, according to Heineken Lokpobiri, the Minister of Petroleum Resources (Oil). This...
The Federal Government has reiterated its call for indigenous oil companies to ramp up crude oil production, aiming to meet rising domestic demand, support exports, and...