Oil & gas

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 as of October 2, 2025,...

Nigerians face difficulty in purchase of cooking gas as prices soar

The scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has spread across several Nigerian cities,...

Nigerian oil industry crisis may linger despite suspension of latest strike

By Paul Ejime Nigeria’s major oil workers union, PENGASSAN has announced the suspension of its two-day strike, but warned that...

Strike will not cause fuel scarcity – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has assured Nigerians that its proposed strike,...

Why Dangote refinery still employs over 3,000 Nigerians – Mgt

By Paul Ejime Dangote Petroleum Refinery has clarified its position on the sacking of an undisclosed number of Nigerian workers,...
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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 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...

Nobody will beat our petrol quality – Dangote

Alhaji Aliko Dangote says the petrol processed by Dangote Refinery will match the quality of the petrol sold in the US, and that they...

NNPCL warns Nigerians, foreign investors to beware of fraudsters

The Nigerian National Petroleum Company Limited, NNPCL, has issued a fresh disclaimer, urging the public to beware of individuals and companies falsely claiming to...

Shell Nigeria, partners paid $142m to NDDC in 2023

Lagos, May 30, 2024 – A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell...

FG to inaugurate Nedogas 300 MMscfd Kwale gas facility

Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and Nigerian Content Development Management Board, NCDMB, Capacity Development Intervention Company, has...
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