NNPC Discovers Rare Crude, Exports Cawthorne to Europe
Nigeria's NNPC has started exporting the newly discovered Cawthorne crude oil grade to Europe, aiming to diversify exports and boost revenue during high global oil prices.
Category : Oil Gas
Egypt Announces Major Gas Discovery Amid Energy Crisis
Egypt and ENI announce a significant natural gas discovery in the Eastern Mediterranean, offering potential relief as the country faces energy supply pressures linked to regional conflict and rising import costs.
Dangote Refinery Petrol Prices Jump N576 in 3 Months
Dangote Refinery increased petrol prices by N576 in the first quarter of 2026, adjusting rates nine times due to volatile crude oil markets and exchange rate pressures.
Naira-for-Crude Policy Secures Nigeria's Energy Supply
Nigeria's naira-for-crude policy and Dangote Refinery operations have shielded the country from global energy shortages caused by Middle East conflicts, ensuring petroleum product availability while other nations face severe disruptions.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
PETAN, Akwa Ibom Sign MoU for Oil and Gas Growth
The Petroleum Technology Association of Nigeria (PETAN) and Akwa Ibom State Government have signed an MoU to jointly develop oil and gas assets, aiming to enhance investment, infrastructure, and economic value in Nigeria's energy sector.
Fuel Imports Surge as Marketers Rival Dangote Refinery
Independent marketers like Bovas and Matrix Energy are intensifying fuel imports, bringing PMS and diesel to Nigerian ports to compete with Dangote Refinery, potentially stabilizing supply and easing prices.
Seplat Resumes Operations After PENGASSAN Strike Suspension
Seplat Energy Plc has resumed normal operations after the Petroleum and Natural Gas Senior Staff Association of Nigeria suspended its indefinite strike to allow ongoing negotiations over staff welfare and pay issues.
Ojulari's First Year at NNPC-L: Key Achievements
Engr. Bashir Bayo Ojulari marks one year as GCEO of NNPC Limited, driving production boosts, deepwater investments, and financial growth in Nigeria's oil and gas sector.
Adeleye Falade Assumes Office as NLNG's MD/CEO
Adeleye Falade has officially begun his tenure as the Managing Director and CEO of Nigeria LNG Limited, bringing nearly 30 years of global oil and gas experience to the role.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Seplat Workers Strike Over Pay, Threatening Nigeria Oil Output
Seplat Energy workers have launched an indefinite strike over pay and welfare disputes, raising concerns about Nigeria's oil production and supply as the country faces rising fuel costs and economic pressure.
Group Backs NNPCL on $20 Billion Bonga Southwest Project
The Peoples Wellbeing Association supports NNPCL's IPO plans and $20 billion Bonga Southwest deepwater development, praising leadership reforms for transparency and investor confidence in Nigeria's energy sector.
Fuel Prices Jump as Crude Oil Crosses $100 Per Barrel
Fuel prices in Nigeria have risen sharply, with petrol reaching N1,242 and diesel N1,901 per litre, driven by global crude oil prices surpassing $100 per barrel, impacting consumers and businesses.
Nigeria's Oil Revenue Realignment: A Defining Moment
President Tinubu's Executive Order on oil and gas revenue sparks debate, aiming to convert Nigeria's hydrocarbon wealth into infrastructure and economic growth for its youth population.
Nigeria's Refineries Waste Billions, Produce Nothing
Nigeria's four state-owned refineries have consumed over $3.14 billion in rehabilitation funds but remain non-functional, exacerbating fuel shortages and economic strain. Investigations reveal decay, neglect, and allegations of mismanagement.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
NNPC Increases Crude Supply to Dangote Refinery
The Nigerian National Petroleum Corporation plans to increase crude oil supply to the Dangote Refinery to seven cargoes in May 2026, up from five. Industry experts argue this remains insufficient for the refinery's 650,000 barrels per day capacity, callin
Nigeria Exports First Cawthorne Crude Cargo to India
Nigeria achieves a major oil industry milestone by exporting its inaugural 950,000-barrel cargo of Cawthorne crude to India, leveraging new infrastructure and strategic market timing to enhance global competitiveness.
NCDMB Unveils Portal for Oil and Gas Business Efficiency
The Nigeria Content Development and Management Board has introduced a digital portal to enhance transparency and competitiveness in Nigeria's oil and gas industry by simplifying compliance processes.
Nigeria's Oil Reserves Stagnate, Gas to Last 85 Years
Nigeria's crude oil reserves remain at 37 billion barrels, unchanged for a decade, while gas reserves grow to 215 TCF, with a lifespan of 85 years based on current output.
Naira-for-Crude Policy Protects Nigeria from Fuel Shortages
The Presidency states Nigeria's naira-for-crude policy is safeguarding the nation from severe fuel supply shocks caused by the Middle East crisis, ensuring steady petroleum product availability.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Dangote Refinery Set to Raise Petrol Price Amid Crude Oil Rally
Nigerians brace for higher living costs as Dangote Refinery plans petrol price increases due to soaring global crude oil prices, prompting fuel marketers to suspend sales and consumers to face inflationary pressures.
Afreximbank Leads $4B Dangote Refinery Financing with $2.5B
Afreximbank underwrites $2.5 billion in a $4 billion syndicated credit for Dangote Refinery, aiming to strengthen its financial position and support long-term growth across Africa.
Oil Surge Lifts Nigeria's Outlook Amid Market Volatility
Rising global oil prices, driven by Middle East tensions and supply disruptions, are expected to bolster Nigeria's economy as a net oil exporter, though geopolitical risks may limit gains, according to FXTM market analysis.
Esso Marks 20 Years of Erha Field Oil Production
Esso Exploration and Production Nigeria Limited commemorates two decades of operations at the Erha Field, having produced over 800 million barrels and delivered significant economic contributions to Nigeria.
Oil Price Rise Hits Nigerian Refineries, Expert Alerts
An energy expert warns that Nigerian refineries face increased costs due to global oil price volatility, as some rely on foreign crude despite local production, risking higher fuel prices.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Fuel Prices Paused as Marketers Await Dangote Refinery Review
Petroleum marketers have suspended fresh pricing for petrol and diesel across Nigeria's major depots, awaiting a potential price review from Dangote refinery amid rising global crude oil prices.
Marketers Call for Temporary Fuel Subsidy as Global Oil Prices Soar
The Association of Nigeria Refineries Petroleum Marketers urges the Federal Government to consider a temporary subsidy on petroleum products to cushion the impact of rising global oil prices triggered by the US-Israel-Iran conflict.
Bajomo Calls for Skills Development in Nigeria's Oil and Gas Sector
Dr. Femi Bajomo, Chairman of Lapis Nigeria Limited, emphasizes the need for investment in training technical and non-technical professionals to strengthen Nigeria's oil and gas sector and prepare future leaders.
Asia Increases Crude Imports from Nigeria and Angola
Crude oil shipments from Nigeria and Angola to Asia are projected to rise by 200,000 barrels per day in March, reaching 3.72 million bpd, as Middle East tensions disrupt supply and drive prices to record highs.
NNPCL's First Crude Export from New Terminal in 50 Years
The Nigerian National Petroleum Company Limited (NNPCL) has exported 950,000 barrels of Cawthorne Blend crude from a new terminal, marking the first such export in five decades, with support from Sahara Group and regulatory approvals.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Engineers Summit to Address Nigeria's Ageing Oil Wells, Production Issues
The Society of Petroleum Engineers Port Harcourt Section 103 hosts the Well Intervention Summit 2026 to address declining productivity from ageing oil wells, rising costs, and the need to maximize existing assets in Nigeria's capital-constrained energy se
Page 2 of 15
