Fuel supply stability slowed again in October 2025 as the Dangote Petroleum Refinery delivered an average of only 17.1 million litres of petrol per day, leaving Nigeria heavily dependent on …
BusinessEconomyEnergyGOVERNMENTMarketsOil & Gas
Category:
Oil & Gas
- EconomyEnergyEnvironmentGovernanceNewsNigeriaOil & Gas
IEA hails Nigeria’s upstream reforms as NUPRC says PIA boosts transparency
The International Energy Agency (IEA) has applauded the reforms taking place in Nigeria’s upstream petroleum sector, following detailed explanations from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on how the …
- DiplomacyEnergyMarketsNewsOil & GasWorld
Oil Prices Edge Up as Hopes Rise for Possible Russia-Ukraine Peace Deal
Oil prices recorded a slight increase on Wednesday after falling to one-month lows the previous day. Traders across global energy markets are now watching diplomatic moves closely as signals emerge …
- BusinessCourt RulingsEconomyInternationalNigeriaOil & Gas
Indian Court Clears Path for Sandesara Brothers’ $570m Settlement as Their Nigerian Oil Empire Grows
India’s Supreme Court has opened a major legal door for billionaire brothers, Nitin and Chetan Sandesara, after ruling that they can settle one of India’s largest alleged bank-fraud cases by …
- BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
- BusinessEconomyEnergyGovernanceInfrastructureOil & Gas
NNPC sets June 2026 deadline for refinery partners
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 …
- AccountabilityAnti-CorruptionEconomyGOVERNMENTOil & GasPublic Finance
Audit Uncovers N61bn Irregularities in NNPCL’s Accounts
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 …
- BusinessEconomyEnergyGOVERNMENTOil & GasRegulation
NUPRC Says $20bn Field Plans Approved to Boost Nigeria’s Oil Output
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 …
- EconomyEnergyGovernanceNigeriaOil & GasPetroleum
TOTALENERGIES EXPRESSES CONFIDENCE AS GLOBAL OIL FIRMS
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 …
- Corporate LeadershipEnergyEngineeringIndustrial DevelopmentOil & GasProfessional Awards
Shell Nigeria MD, Ronald Adams, Inducted as Fellow of Nigerian Society of Chemical Engineers
by Radarr Adminby Radarr AdminThe 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 …