Oil and Gas

Petroleum agencies’ new leadership nominees vow to end revenue leakages

Newly appointed Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Amanorisewo Eyesan and her counterpart in the Nigerian Midstream and Downstream...

Global Oil Prices Sink To Four-Year Lows

Global oil prices fell sharply on Tuesday, sliding to their lowest levels in nearly four years amid persistent oversupply concerns. Brent crude, the international benchmark,...

Dangote Refutes Trump Criticism Over Nigerian Refinery

Alhaji Aliko Dangote, President of Dangote Refinery, has dismissed claims that former U.S. President Donald Trump is displeased with the $20 billion refinery in...

Dangote Refinery Cuts Ex-Depot Petrol Price To N699

The Dangote Refinery has significantly reduced its ex-depot petrol price in a move seen as an effort to strengthen its market position against the...

PiCNG, City Boy Movement Partner On Nationwide CNG Awareness

The Presidential Initiative on Compressed Natural Gas (PiCNG) has launched a coordinated effort to expand public awareness and grassroots engagement on the economic and...

NNPC E&P Limited Hits Record 355,000 bpd Production

...Nigeria’s Energy Revival Already Happening, Says Ojulari On December 1st, 2025, NNPC E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Limited, achieved a record...

NESTOIL: Appointment of Abubakar Sulu-Gambari, SAN, MCIArb, as Receiver, Manager remains valid

PUBLIC NOTICE The Federal High Court, Lagos, in Suit No. FHC/L/CS/2127/2025, has set aside the Ex Parte Orders earlier granted on October 22, 2025....

Fuel Prices Drop In FCT Following Suspension of 15% Import Duty

Abuja, Nigeria — Fuel prices at Nigerian filling stations in the Federal Capital Territory (FCT) fell on Friday following the federal government’s suspension of...

Tinubu Delays Petrol, Diesel Duty

The Federal Government has postponed the implementation of the 15 per cent import duty on petrol and diesel until the first quarter of 2026,...

Army Arrests 14, Dismantles Illegal Refineries In Niger Delta

The Nigerian Army’s 6 Division says its troops have arrested 14 suspected oil thieves and seized more than 20,000 litres of stolen petroleum products...

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