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NNPC: Joint venture with TotalEnergies has achieved zero routine gas flaring

    NNPC: Joint venture with TotalEnergies has achieved zero routine gas flaring

The Nigerian National Petroleum Company (NNPC) Limited and TotalEnergies joint venture (JV) has achieved zero routine gas flare in all its assets. According to a statement on Thursday by Femi

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‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

    ‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

The Central Bank of Nigeria (CBN) has placed limits on the transfer of proceeds from crude exports by international oil companies (IOCs) to offshore parent company accounts. According to a

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Report: Dangote refinery ready to export two cargoes of fuel

    Report: Dangote refinery ready to export two cargoes of fuel

Dangote oil refinery has issued Nigeria’s tenders to sell its first two fuel cargoes for export. According to a report on Wednesday by Reuters, the cargo is the first from

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‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

    ‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

Petroleum Tanker Drivers (PTD) says there is no shortfall in the distribution of petroleum products across the country. Lucky Osesua, national chairman of PTD, and Humble Obinna, national secretary, made

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Saudi Arabia, petroleum ministry collaborate on LPG adoption in Nigeria

    Saudi Arabia, petroleum ministry collaborate on LPG adoption in Nigeria

Saudi Arabia’s Oil and Sustainability Program (OSP), in collaboration with the ministry of petroleum resources, has launched the national human

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Nigeria’s oil production rises to 1.42m bpd — first since March 2021

    Nigeria’s oil production rises to 1.42m bpd — first since March 2021

Nigeria’s oil production increased to 1,426,574 barrels per day in January 2024. The country’s drilling performance was published in the

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Court affirms NMDPRA’s power to collect levies on petroleum products

    Court affirms NMDPRA’s power to collect levies on petroleum products

A federal high court has affirmed the power of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to impose

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Oil theft: Reps to create law for security firms to protect facilities

    Oil theft: Reps to create law for security firms to protect facilities

Alhassan Ado-Doguwa, chairman of the house of representatives’ special committee on oil theft and losses, says the lawmakers would consider

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Report: Shell resumes oil supply to P’Harcourt refinery… 475k barrels delivered

    Report: Shell resumes oil supply to P’Harcourt refinery… 475k barrels delivered

Shell Nigeria says it has resumed the supply of crude oil from its Bonny export terminal to Port Harcourt refinery.

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We have no plans to increase petrol price, says NNPC

    We have no plans to increase petrol price, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says there is no imminent increase in the cost of premium motor spirit

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