Energy
NUPRC Marks Four Years with Major Achievements in Nigeria’s Upstream Oil Sector
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced landmark achievements in its four years of operation under the Petroleum...
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NNPCL Profit Jumps 91.3% to N539bn in August Despite Output Decline
The Nigerian National Petroleum Company Limited (NNPCL) has reported a sharp rise in its monthly profit, which surged by 91.3...
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Nigeria Records First Petrol Exports Worth N371.54bn in Q2 2025
Nigeria exported Premium Motor Spirit (PMS), popularly known as petrol, valued at N371.54bn in the second quarter of 2025, according...
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Dangote Refinery Sets 500,000-Litre Minimum for Free Petrol Delivery
The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers to qualify...
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Nigeria Breaks 10-Year Drought in Oil Investments – Lokpobiri
Nigeria has recorded its first major oil sector investments in over a decade, ending a 10-year drought, according to the...
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NUPRC Revokes Approval of TotalEnergies’ SPDC Stake Sale
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked its earlier approval for French oil giant TotalEnergies to divest its...
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Oil Unions Reject FG’s Plan to Sell 30% Stake in NNPCL Joint Venture Assets
Two of Nigeria’s most influential oil sector unions have come out strongly against the Federal Government’s reported plans to divest...
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FG Begins Verification of Disputed, Newly Drilled Oil Fields in Niger Delta
The Federal Government, through the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has commenced the verification of disputed and newly...
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Dangote Refinery Deploys CNG-Powered Trucks to Deliver Petrol Across Lagos
The Dangote Petroleum Refinery & Petrochemicals has commenced petrol deliveries to petroleum marketers in Lagos using its new compressed natural...
Read moreNNPC Orders Marketers to Top Up Payments or Forfeit Fuel Allocations
The Nigerian National Petroleum Company Limited (NNPC) has directed petroleum marketers who paid for fuel through its online portal to...
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