In Saudi Arabia, Local Refineries Receive Crude at $25 While Nigeria Sells at Benchmarks — Iroegbu
According to a video posted on Trust TV on Thursday September 24, 2026, a member of the Nigeria Democratic Congress (NDC) media team, Dickson Ikeoegbu, said local refineries in Saudi Arabia receive crude oil at about $25 per barrel!-->!-->!-->…
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Petrol costs over N3,000/litre in UK, Nigerians are enjoying — Okpebholo
Edo State Governor, Monday Okpebholo.Edo State Governor, Monday Okpebholo, has said petrol costs more than 3,000 per litre in the United Kingdom, claiming that Nigerians are “doing very well” with the current price of the commodity in!-->!-->!-->…
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Nigeria imports N2.7trn crude oil in 6 months
Crude oil cargo vessel.Nigeria’s crude oil import in the first half of 2026 dipped by 4.84 per cent, year-on-year, to N2.694 trillion, compared with N2.831 trillion recorded in the first half of 2025, according to data released by the!-->!-->!-->…
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Nigeria’s gas future will depend on production-ready infrastructure
liquefied natural gas (LNG) infrastructureNigeria’s ability to sustain its position in the global liquefied natural gas (LNG) market and advance domestic gas projects will depend on production-ready infrastructure, operational!-->!-->!-->…
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UN launches energy transition minerals scheme for Nigeria, five other countries
Antonio Guterres, UN Secretary-GeneralThe United Nations has launched a new support mechanism to help Nigeria and five other resource-rich developing countries build sustainable and responsible value chains for critical energy!-->!-->!-->…
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₦729bn bond drives power debt cleanup to ₦1.23trn
A ₦728.9 billion second-series bond has pushed the Federal Government’s power-sector debt-reduction programme to approximately ₦1.23 trillion, bringing fresh liquidity to generation companies burdened by years of unpaid electricity!-->!-->!-->…
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CMA issues public notice regarding Dangote Petroleum Refinery IPO
The Capital Markets Authority (CMA) has issued a public statement clarifying the regulatory status of the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) following widespread information circulating!-->!-->!-->…
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This Is Another Manipulation By APC, They Are Telling You Oil Is Internationally Regulated — Okonkwo
Kenneth Okonkwo, spokesperson for the Atiku Abubakar Presidential Campaign, has said an Atiku administration would consider restoring the petrol subsidy while prioritising the supply of crude oil to domestic refineries. Okonkwo made!-->!-->!-->…
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Crude oil imports at Lagos ports decline 38.6%
Crude oil imports through Lagos Ports declined by 38.6 percent in September 2026, with a total of 1,470,109 metric tonnes imported during the month, compared to 2,392,354 metric tonnes recorded in the preceding month of August.The!-->!-->!-->!-->!-->…
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Almost All OPEC-member Countries Outside Gulf Have Refinery Problems
Port Harcourt Refinery
By Saidu AbubakarChecks by the Valuechain have revealed that Nigeria is the most famous case, but not the only OPEC-member nation with dysfunctional refineries. In fact almost all the OPEC-member countries!-->!-->!-->!-->!-->…
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