The Nigerian National Petroleum Company Limited has announced a new target of June 2026 to complete the selection of technical partners for the country’s three state-owned refineries. This marks another …
The Office of the Auditor-General for the Federation has uncovered 28 major financial irregularities linked to the Nigerian National Petroleum Company Limited, involving questionable payments, undocumented spending, and breaches of …
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has said the commission approved about $20bn worth of Field Development Plans within the last 10 months as …
Nigeria’s 2025 Licensing Round is already attracting early attention from major international oil companies as renewed confidence grows in the Nigerian Upstream Petroleum Regulatory Commission’s ongoing reforms, which industry players …
The Nigerian Society of Chemical Engineers (NSChE) has inducted Ronald Adams, Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), alongside 19 other professionals, as Fellows of the …
Petroleum marketers in Nigeria may soon stop importing petrol as the Dangote Petroleum Refinery has slashed its ex-depot price by ₦49 per litre, a move that is already reshaping the …
The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors for 2025, Mr. Adeyemi-Bero, has advised Nigerian oil producers to prioritise refining crude oil locally instead of …
The Chief Executive Officer of CPAAT Consulting, Mr. Folarin Banigbe, has unveiled the company’s strategic plan to accelerate digital transformation in Nigeria’s oil and gas sector through smart technology, collaboration, …
With global oil prices falling to around $64 per barrel, far below Nigeria’s $75 budget benchmark, the country faces renewed fiscal pressure and foreign exchange challenges. However, sweeping reforms by …
A public policy analyst, Rotimi Matthew, and several operators in Nigeria’s oil and gas sector have criticised the Federal Government’s proposed 15 per cent tariff on fuel imports, describing it …