Oil & Gas - Page 4

Port Harcourt Refinery Shutdown: Marketers Call On Minister, NNPCL GCEO To Intervene

Between NNPC’s Refineries Sale Plan And Heavy Spend On TAM: Which Is The Lesser Evil?

The recent indication that Nigeria’s state-owned Port Harcourt, Warri, and Kaduna refineries may be sold off after an ongoing review of the plants is concluded has sparked mixed reactions. While some hailed

Victor Ezeja

July 13, 2025

Business·Oil & Gas

NNPCL GCEO Laments Refineries Rehabilitation Challenges, Says Sell Off Is Possible

Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has lamented about the challenges associated with the rehabilitation of the country’s refineries, hinting at the possibility of selling

Victor Ezeja

July 11, 2025

Business·Oil & Gas

Nigeria’s Oil Rig Count Rises By 38 To 46 In Two Years – NUPRC Boss

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has stated that Nigeria’s oil rigs have risen to 46 from eight in the last two years. This increase

Victor Ezeja

July 9, 2025

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business·Oil & Gas

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery has further reduced its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦820. This is the second reduction by the company in a week. It had

Victor Ezeja

July 8, 2025

Business·Oil & Gas

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Dangote Refinery expects to start processing only Nigerian crude oil by the end of 2025. Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries, made this known in an interview

Victor Ezeja

July 8, 2025

NUPRC Data Contradicts NNPC’s 1.8m bpd Celebrated Output Figures, Indicates 1.53m Daily Production

Business·Oil & Gas

NUPRC’s Revenue Rises By 176.7% To ₦12.2trn In 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded a historic high of ₦12.2 trillion revenue in 2024. This represents a 176.7 percent surge compared to ₦4.3 trillion recorded in 2023. The 2024 performance

Victor Ezeja

July 6, 2025

Business·Oil & Gas

NUPRC Opens Up On Failure Of Oil Producers To Supply Crude To Dangote Refinery

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) addressed the ongoing controversy between oil producers and the Dangote Refinery over crude oil supply, highlighting regulatory challenges, and the broader implications for Nigeria’s energy

Victor Ezeja

July 4, 2025

Business·Oil & Gas

Dangote Refinery Reduces Petrol Ex-depot Price To ₦840 Per Litre

Dangote Refinery has announced a reduction of its ex-gantry price of Premium Motor Spirit (PMS), also known as petrol to ₦840 per litre. This was confirmed in a statement released by Anthony

Victor Ezeja

July 1, 2025

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Business·Oil & Gas

Dangote Refinery: Petrol Distribution Will Save Nigeria N1.7trn Annually

Dangote Petroleum Refinery has said its nationwide petrol and diesel distribution initiative is expected to save the Nigerian economy an estimated N1.7 trillion annually. The company disclosed that it has invested over N720

Victor Ezeja

June 30, 2025

Business·Oil & Gas

NUPRC Mandates Oil Licence Holders To Pay $5,000 For Extension

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has highlighted conditions that all Petroleum Prospecting Licence (PPL) holders whose licences are about to expire must fulfil to secure extension. One of the

Victor Ezeja

June 26, 2025

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Oil & Gas - Page 4

Between NNPC’s Refineries Sale Plan And Heavy Spend On TAM: Which Is The Lesser Evil?

NNPCL GCEO Laments Refineries Rehabilitation Challenges, Says Sell Off Is Possible

Nigeria’s Oil Rig Count Rises By 38 To 46 In Two Years – NUPRC Boss

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

NUPRC’s Revenue Rises By 176.7% To ₦12.2trn In 2024

NUPRC Opens Up On Failure Of Oil Producers To Supply Crude To Dangote Refinery

Dangote Refinery Reduces Petrol Ex-depot Price To ₦840 Per Litre

Dangote Refinery: Petrol Distribution Will Save Nigeria N1.7trn Annually

NUPRC Mandates Oil Licence Holders To Pay $5,000 For Extension

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