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The Nigerian National Petroleum Company Limited (NNPC) has opened door to Egypt to provide technical expertise as Nigeria expands new oil fields frontiers. To achieve broader steps towards enhancing energy production the Egyptian…
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Nigeria’s upstream oil sector posted a year-on-year increase in production, averaging 1.63 million barrels per day of crude oil and condensates in August 2025, compared to 1.58 million bopd recorded in the same period last year. …
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History was made penultimate week when the the first ever Dangote Refinery Booking Office was launched in Ibadan, Oyo State. The marvelous feat was achieved by Okay Petroleum Limited under the leadership of Mrs. Motunrayo Ajeigbe…
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Nigeria’s fiscal condition remains under strain as the Federal Government spent a staggering 69 per cent of its total 2024 revenues on debt servicing. This was revealed in the latest Budget Implementation Report (BIR) released by…
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According to a report today, Nigeria’s major state-owned refineries in Port Harcourt, Warri, and Kaduna continue to lie largely idle despite billions of dollars spent on rehabilitation, sparking frustration among the public, industry…
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Close partnership and collaboration among African oil and gas producing countries are some of the strategies that would enable sustainable development of Africa’s oil industry, according to discussants at the Africa Content Forum, a…
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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday acknowledged the advanced capabilities and proven track record of a leading indigenous service company,…
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The Chief Executive Officer of CFG Advisory, Tilewa Adebajo has stated that Nigeria was not yet in a debt crisis despite concerns over rising borrowings. Adebajo, however, warned that urgent fiscal reforms were necessary to ensure…
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Maryamu Idris. Credit: NNPC The Nigerian National Petroleum Company has congratulated Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). Announcing…
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Dangote Petroleum Refinery has said that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of N1.505 trillion to enable members to match the refinery’s gantry prices at their own…
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