Oil & gas

Train Commercial Divers For Maritime, Oil Sectors, Stakeholders Urge A’Ibom Govt

By Dianabasi Effiong Stakeholders in the oil and gas and blue economy sectors have called on the Akwa Ibom State Government to take deliberate steps to develop a pool of...

Oil prices drop after US, Iran pause fighting over weekend

Oil prices tumbled more than 5% on Monday after the U.S. and Iran paused strikes over the...

Shock as Fuel Price Drop in Nigeria After Dangote Refinery Move

Petrol prices have dropped across Nigeria after marketers reduced pump rates following Dangote Refinery’s cut in its petrol...

Africa’s largest Bank backs Dangote refinery IPO

Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries...

Why Nigeria, UAE’s non-oil trade hit $5bn in 2025

Non-oil trade between Nigeria and the United Arab Emirates (UAE) increased to $5 billion in 2025. A statement signed...
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NNPC increases petrol prices to between N855-N897 per litre…

The Nigerian National Petroleum Company Limited has raised the price of Premium Motor Spirit (PMS) from its former prices of between N568-N617 per litre...

NNPCL, First E&P achieve 20,000bpd production at OML 85

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First...

Why Nigeria’s oil rigs rise by 762% to 69 in 4 years — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the oil rig count in the country rose from eight in 2021 to 69...

NNPCL’s spokesperson Olufemi Soneye resigns

The spokesperson of the Nigerian National Petroleum Company Limited, NNPCL, Olufemi Soneye, has resigned. Soneye made this known in a statement made on Saturday. He said...

Army arrest 12 over alleged oil bunkering in Port Harcourt

The Nigerian Army says it has arrested 12 persons over alleged oil bunkering in Port Harcourt.

Kyari bags Energy Times’ GCEO of the year award

Lagos, April 21, 2024 - Group Chief Executive Officer, NNPC Ltd, Mele Kyari, has been honoured with the Energy Times' GCEO of the Year...
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