Dangote refinery pledges to prioritise Nigeria’s domestic fuel supply
Nigeria’s Dangote refinery has pledged to prioritise the domestic fuel market in a bid to prevent shortages and cushion the impact of rising global oil […]
NNPC
Nigeria: NNPC in Talks with Chinese Firm as Nigeria Moves to Revive Loss-Making Refineries
Nigeria’s state-owned oil company is in discussions with a Chinese firm as part of efforts to rehabilitate the country’s long-struggling refineries and restore domestic processing […]
NNPC Says Pipeline Theft Nearly Eliminated, Oil Output Set to Rise
Nigeria’s state oil company, NNPC Limited, announced on Monday, August 25, that coordinated efforts by defence and intelligence Agencies have almost eradicated pipeline theft, a […]
Nigeria’s Fuel Subsidy Dilemma Deepens as Debt to Suppliers Soars
Nigeria’s state oil company NNPC faces mounting challenges as its debt to gasoline suppliers has surged to over $6 billion, doubling since April. This financial […]
TotalEnergies ready to invest six billion dollars in Nigeria
TotalEnergies CEO Patrick Pouyanné met Nigerian President Bola Ahmed Tinubu on Monday. The French giant said it was ready to invest “six billion dollars over […]
Fuel prices in Nigeria almost triple in two days
Prices at the pump almost tripled at service stations in Nigeria after the new President announced on Monday that he would end fuel subsidies, journalists […]
Nigeria’s Electoral Commission confirms that elections will be held
Nigeria’s Electoral Commission (Inec) said Wednesday that the presidential election will be held as scheduled on February 25 despite massive shortages of gasoline and new […]
Morocco, Nigeria, ECOWAS Sign Gas Pipeline Agreement
Morocco’s National Agency for Mines and Hydrocarbons (ONHYM), Nigeria’s National Petroleum Company Limited (NNPC), and the Economic Community of Western African States (ECOWAS) signed Thursday […]
Nigeria: Beijing-based Oil Company to invest $3 bln in oilfield operations
China National Offshore Oil Corp (CNOOC) has pledged to invest about $3billion in its existing oil and gas operations in Nigeria, the Nigerian National Petroleum […]
Nigeria’s Parliament to probe state oil company over ‘under-remittances’
Nigerian lawmakers of the lower house on Tuesday voted a motion to investigate state oil firm over ‘insufficient’ remittances to government coffers. The move comes […]