African oil and gas news: production, upstream investment, refining, licensing rounds and energy policy across producing countries.
The Department of Petroleum Resources (DPR) has warned that the pump price of petrol in the country may rise up to as much as N1000 per litre when the petrol …
The Executive Director/ CEO, Nigeria Export Promotion Council, NEPC, Mr Olusegun Awolowo, has commended the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari, over his efforts …
According to Kyari, Nigeria remains the only country in the world where the price of diesel outweighs that of petrol. The Group Managing Director of the Nigerian National Petroleum Corporation …
Nigeria, yesterday, in Abuja, showed stern determination to stand against the rest of the world in the shift from fossil fuels despite a looming $13 trillion expected losses in revenue …
The Federal Government plans to raise the daily oil production from 1.4 million barrels per day (bpd) to four million bpd, President Muhammadu Buhari hinted on Monday. Nigeria, which has …
Energy transition may revive oil and gas sector after years of abuse and neglect Has the energy transition finally forced Nigeria to come to its senses about how to prosper …
The price of the international crude oil benchmark, Brent crude, climbed to an 18-month high on Wednesday, June 2, reeling from a decision of the Organisation of the Petroleum Exporting …
The Nigerian National Petroleum Corporation (NNPC) and its partner, Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the COVID-19 pandemic …
Nigeria’s state oil firm NNPC has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August, sources with direct knowledge of the matter said. The …
In an apparent reflection of the measures taken to achieve stability in the global market by the Organisation of Petroleum Exporting Countries, OPEC, pipeline vandalism and oil theft in the …
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