Amid circulating reports about persisting petrol subsidies, the Nigerian National Petroleum Company Limited (NNPC) firmly quashed these speculations. Specifically, Mele Kyari, NNPC’s Group Chief Executive Officer, clarified there is no …
Nigeria
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Nigeria, Africa’s largest oil exporter, is facing a severe fuel shortage as the national oil company struggles to meet the demand of its 200 million citizens. The country relies heavily …
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The Nigerian National Petroleum Company Limited (NNPC) has come under fire from industry operators for awarding contracts to rehabilitate the country’s pipelines to four companies, two of which are downstream …
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The Dangote Refinery, Africa’s largest oil refining facility, has installed 18 ultrasonic flare gas meters from Fluenta, a Norwegian company, to reduce its environmental impact and comply with Nigerian regulations. …
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Nigeria, a country with abundant oil and gas resources, is facing a chronic power crisis that affects millions of its citizens. The national grid is unreliable and insufficient, forcing many …
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The African Export-Import Bank (Afreximbank) is taking a pivotal step towards executing the $3 billion emergency loan extended to Nigeria’s NNPC Limited. The bank recently began discussions with major oil …
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For the first time since 2022, the Qua Iboe, a renowned Nigerian crude variant, has witnessed its price soar past $100 per barrel. This noteworthy surge stems from a continuing …
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Nigeria, Africa’s largest oil producer, has seen a sharp decline in its petrol imports in the second quarter of 2023, following the removal of the controversial fuel subsidy that had …