The Dangote Group, owners of the Dangote Refinery, will soon commence crude oil production. According to reports by S&P Global Commodity Insights, the Dangote Group is...
Federal Government on Saturday said it has officially commenced the sale of crude oil and refined petroleum products in Naira. The sale in Naira takes effect...
The House of Representatives Special Committee on crude Oil Theft/Losses, has declared its resolve to expose those behind the perennial crime in Nigeria, and ensure that...
National Assembly Special Committee on Crude Oil Theft has warned that the era of stealing the country’s crude oil is over. The committee said anybody found...
The Joint Committee of the House of Representatives is conducting a forensic investigation into the challenges affecting the downstream and midstream petroleum sectors. The Chairman...
President Bola Tinubu-led federal government is seeking an additional $2 billion crude oil-backed loan from international creditors to boost its financial inflow. According to sources familiar...
The Nigeria Ethnic Nationality Youth Leaders Council Worldwide has demanded the resignation of the Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL) Mele...
Some oil marketers have refuted claims that local refining of crude oil could force the pump price of petrol, to drop as low as ₦300 per...
The Nigerian Upstream Petroleum Regulatory Commission has mandated the international oil companies to provide crude oil to the Dangote oil refinery, in order to ensure...
The Nigeria Security and Civil Defence Corps (NSCDC) has announced the successful destruction of over 600,000 liters of illegal crude oil products as part of...