NNPC: Illegal Federal Government Task Force Stole 9km Of Pipelines
The Nigerian National Petroleum Company Limited has uncovered a disturbing trend in the country’s worsening pipeline vandalism crisis, revealing that well-equipped criminal syndicates are...
Senate orders arrest of ex-NNPC boss Kyari over N210tn query
The Senate Committee on Public Accounts, on Wednesday, ordered the arrest of the immediate past Group Chief Executive Officer of the Nigerian National Petroleum...
FG fixes June 12 deadline for oil bids
The Federal Government through its Nigerian Upstream Petroleum Regulatory Commission has fixed Friday, June 12, 2026, as the deadline for the submission of technical...
Natasha secures FG commitment for more CNG stations in Kogi
The Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has secured a commitment from the Presidential Compressed Natural Gas Initiative to establish additional Compressed Natural Gas...
War: Oil prices surge again as Iran attacks Kuwait
Global oil prices have surged nearly 2% following the attacks on Kuwait, which have tested the delicate ceasefire between Iran and the United States...
Oil Price Drop Signals Fuel Cut
Fuel prices may drop in the coming days if oil prices continue to plunge following ongoing peace talks between the United States and Iran....
Regulatory Clarity: NUPRC and NMDPRA align to resolve overlaps and attract investment
The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have pledged deeper collaboration to eliminate regulatory uncertainties and...
Oil nears $110 as Trump threatens strike in Iran
Oil prices rose to $109.3 on Sunday amid the unending tension in the Middle East, data by Oilprice.com has shown.
This was as the United...
Dangote declines NNPC refinery stake expansion
The President of the Dangote Group, Alhaji Aliko Dangote, has said the group rejected requests by the Nigerian National Petroleum Company Limited to increase...
Nigeria misses OPEC oil production quota again
Again, Nigeria has missed its crude oil production quota set by the Organisation of the Petroleum Exporting Countries after averaging 1.49 million barrels per...
Oil hits $104 as US-Iran peace deal fails
Oil prices stood at $104 on Monday as the United States and Iran failed to agree on a deal to end the war in...
NNPC, NUPRC remit N322bn, $116.9m following Tinubu’s direct revenue order
The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Commission remitted over N322bn and $116.9m into the Federation Account within two...
NMDPRA Chief focuses on energy sector overhaul and enhanced fuel availability
The Senate has confirmed Rabiu Umar as Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority following his screening on May 5,...
Pricing War: Local Refiners Dump $3.13bn Crude Supply
Domestic refiners in Nigeria left an estimated $3.13bn worth of crude oil unlifted in the first quarter of 2026, highlighting deepening inefficiencies in the...
Petrol Prices Surge Toward N1,400 per Litre Following Dangote Refinery Rate Adjustment
The pump prices of Premium Motor Spirit (petrol) are nearing N1,400 per litre in many parts of the country as the United States and...
Troops discover 3,250 litres of suspected illegal petroleum products in Rivers
Troops under Joint Task Force South-South, Operation Delta Safe (OPDS), have uncovered 3,250 litres of suspected illegally refined petroleum products during an anti-illegal bunkering...
FG begins first ‘split-site’ PhD for oil, gas experts
The Federal Government has launched a specialised PhD programme designed to build world-class energy experts locally while maintaining international standards.
The Petroleum Technology Development Fund...
Imported petrol undercuts local supply by N94
The landing cost of imported petrol is N94.53 cheaper than the domestic gantry price, according to a report by the Major Energies Marketers Association...
NUPRC selects firms for Nigeria’s 50-block oil bid
The Nigerian Upstream Petroleum Regulatory Commission has advanced Nigeria’s 2025 oil and gas licensing round to a critical stage, announcing the completion of the...
Fuel vessels berth in Nigeria amidst rising costs
As Nigerians contend with rising petrol prices, vessels carrying 129,000 metric tonnes of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) are expected...