Relaxed quality controls for diesel at the Dangote refinery resulted in reduced domestic prices, S&P Global is reporting. According to a report on Thursday by S&P Global, high-sulphur diesel from
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The federal government says it has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass methanol facility. Ekperikpe Ekpo, minister of state for petroleum resources
Heineken Lokpobiri, minister for petroleum resources (oil), says only five out of 60 licences issued during the 2021 marginal oil field bid round are currently producing. Lokpobiri spoke at an
Expansion plans by the Nigeria LNG (NLNG) Ltd may face a major hurdle as a result of contractual breaches. NLNG is currently contesting the enforceability of an arbitral award’s demand
The federal government says it is on the verge of approving the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets
Gabriel Ogbechie, chief executive officer (CEO) of Rainoil Limited, claims the federal government (FG) now spends N600 billion on petrol
The Dangote refinery says it has reduced the price of automotive gas oil (AGO), also known as diesel, to N1,000
The Organisation of Petroleum Exporting Countries and allies, known as (OPEC+), are considering adding Namibia to the group. This followed
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s oil and condensate reserves stood at 37.50 billion barrels as
The Nigerian Upstream Regulatory Commission (NUPRC) has issued new rules requiring oil producers to sell crude to domestic refineries before
