Category : Oil Gas


4 Oil Theft Suspects, Vessel Handed Over in Delta

Tantita Security Services arrests four oil thieves, intercepts vessel MT Thor in Delta. Handover to Inter-Agency Task Force marks a key step in curbing economic sabotage in Niger Delta. Read details.

Dangote Refinery's 2025 Crisis: Unions, Pricing & Regulation

Nigeria's oil sector faced major tensions in 2025 as Dangote Refinery clashed with unions, marketers, and regulators over labour rights, pricing, and market control. Explore the full review of the crisis and its implications for 2026.

Nigeria Aims to Resume Oil Production in Ogoniland

The Nigerian government is pushing to resume crude oil production in Ogoniland, Rivers State, marking a major shift in a long-standing dispute. Read about the new peace efforts and economic implications.

Chappal Energies gets $430m financing for oil assets

Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit

Nigeria ships 33.2m barrels of crude to U.S. in eight months

Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.

Nigerians Confirm N739 Fuel Price at MRS Stations

Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.

NOSDRA Pledges Yorla Well 14 Spill Site Restoration

NOSDRA leads federal delegation to Ogoniland, pledging full environmental restoration after Yorla Well 14 oil spill. Officials warn against future incidents and call for community cooperation.

Nigeria Suspends 15% Fuel Import Duty Amid Backlash

The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.

Dangote Sells Fuel at N739 via MRS Stations

Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.

PETROAN: N58.18tr 2026 Budget Achievable with 1.84mbpd

PETROAN endorses Nigeria's 2026 budget, citing realistic oil targets. It urges transparent privatisation of state refineries by Q1 2026 and highlights security, host communities, and regulatory funding as key to success.

Nigeria's Oil Sector: PIA Fails, Distrust Deepens

Despite the Petroleum Industry Act, Nigeria's oil sector remains mired in opacity. NEITI recovers billions, but Dangote Refinery clashes with NMDPRA, exposing deep-seated governance failures. Read the full analysis.

Reps Enforce PIA to Protect Oil-Producing Communities

The House of Representatives Committee on Host Communities commits to enforcing the Petroleum Industry Act, ensuring oil-producing areas get their full benefits. Read about the new oversight and funding model.

Africa's Fuel Import 'Slavery' Persists Despite New Refineries

Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy

Civil Society Rates NNPC Boss High on Performance

A coalition of civil society groups has commended NNPC GCEO Engr. Bashir Bayo Ojulari for transformative leadership, citing record profits and increased oil production. Read the full appraisal here.

Senate Confirms New CEOs for Petroleum Agencies

The Nigerian Senate has confirmed Saidu Mohammed and Oritsemeyiwa Eyesan as CEOs of NMDPRA and NUPRC. Read about their confirmation process and the expectations for Nigeria's oil sector.

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