In the News

Pipeline surveillance firm PINL says Nigeria can hit OPEC’s 2.5 million barrels per day target after April production data showed strong gains and zero pipeline disruptions.

KEY POINTS The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has pledged full support for its members in the ongoing legal dispute involving the Dangote Petroleum Refinery and …

KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …

KEY POINTS Seplat Energy Plc has confirmed the exchange rate it will use to convert its dollar-denominated dividends for the 2025 financial year, as it prepares to distribute over ₦68 …

KEY POINTS Ugandan President Yoweri Museveni has expressed strong support for a proposed East African regional oil refinery following discussions with Nigerian billionaire and industrialist Aliko Dangote, signalling renewed momentum …

Industry leaders, economists and labor unions have backed NNPC’s deal with two Chinese firms to revive Nigeria’s long-idle refineries despite sharp opposition from critics.

A drone hit an electrical generator near the UAE’s Barakah nuclear plant Sunday, forcing one reactor onto emergency power and raising fears of regional escalation.

BP is weighing a sale of some of its Egyptian natural gas assets as new CEO Meg O’Neill pushes the supermajor back toward its core oil and gas business.

KEY POINTS Shell Nigeria Gas, SNG, convened industry stakeholders in Port Harcourt to explore how natural gas can reduce operational costs, boost productivity, and attract investments across Nigeria’s industrial sector. …

KEY POINTS The NNPC Foundation, the Corporate Social Responsibility arm of NNPC Limited, has commissioned and handed over a fully installed 1.5 Tesla Magnetic Resonance Imaging (MRI) system to Nnamdi …