Oil & gas

Why Bonny Light trades 8% higher in January

Nigeria’s crude grade, Bonny Light traded 8.3 per cent higher in January; statistics from the Organisation of the Petroleum Exporting Countries have shown. OPEC’s MOMR for February revealed that Bonny...

Seplat, NNPC empower science teachers, inspectors in Edo, Delta

Benin, Nigeria - The Management of Seplat Energy JV, in collaboration with NNPC E&P Ltd., on Thursday graduated...

Ramadan: Dangote refinery cuts ex-depot petrol price by ₦65

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known...

Oil prices rise despite multiple bearish catalysts

Oil prices are rising despite concerns about Trump imposing tariffs on trading partners and talk of a peace...

Why NNPC reduces petrol pump price

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the petrol pump price at its retail stations from...
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NNPCL appoints Femi Soneye as Chief Corporate Communications officer

Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a communication expert, Mr. Olufemi Oladapo Soneye, as its Chief Corporate Communications Officer.

NNPCL-facilitated Afreximbank $3.3bln crude oil pre-payment loan to address nation’s FX challenges – Soneye

The Nigerian National Petroleum Company Limited (NNPCL) has explained the rationale for its intervention in the $3.3 billion crude oil pre-payment loan it signed...

How NNPC Ltd. uncovers 165 illegal refineries

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has uncovered 165 illegal refineries in various locations across the Niger Delta in a...

Shell wins case on oil spill off Nigeria’s coastline

The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to file a lawsuit against two Shell l companies over an offshore oil leak from 2011, which they allege had a terrible long-term effect on the coastal region where they reside.

NUPRC assures proper implementation, domestic crude supply

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is committed to the effective implementation of the Petroleum Industry Act (PIA 2021) for the sector to contribute more to the national economy.

Dangote says refinery’s product will hit market end of July

Aliko Dangote says the first product of the Dangote Petroleum Refinery and Petrochemicals “will be in the market before the end of July, beginning of August this year”.
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