Nigeria’s oil and gas sector secured $17 billion in foreign investment in 2024, due to regulatory reforms signed by President Tinubu.
NNPCL denies reports of terminating its crude oil sales deal with Dangote Refinery, confirming ongoing discussions for a new contract.
Nigerian National Petroleum Company (NNPC) has slashed its petrol pump price to N860 per litre, matching Dangote Refinery
Dangote Refinery increases output to 85% of its 650,000 bpd capacity, targeting full production within 30 days.
Nigerian National Petroleum Company Limited (NNPCL) has launched the construction of five mini Liquefied Natural Gas (LNG) plants in Ajaokuta
Nigeria’s petrol landing cost dropped to N922.65 per litre, signaling relief for importers and potential price adjustments.
Nigeria’s daily crude oil production dropped to 1.48mbpd in December 2024, falling short of budget and OPEC targets.
Petrol prices in Nigeria rise to N1,150/litre following a price hike by Dangote Refinery and rising global crude oil costs.
The Warri Refining and Petrochemical Company (WRPC) anticipate petrol loading by February 2025 as production of diesel and kerosene resume.
Federal Government may reduce crude oil allocation to Dangote Refinery from 300,000 bpd as Port Harcourt and Warri refineries resume operations
