NNPC Signs China MoU To Restart, Expand Port HarcoMonday, May 4, 2026
The Nigerian National Petroleum Company Limited has signed a fresh agreement with two Chinese firms in a move aimed at accelerating the long-delayed rehabilitation and commercial restart of Nigeria rsquo;s refineries, while opening a new window for technical equity partnerships. The deal, structu ...
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Oil Prices Slide To $86 As Strait Of Hormuz ReopensFriday, April 17, 2026
Global oil prices dropped by approximately 10 per cent following confirmation that the Strait of Hormuz has reopened to commercial shipping, alleviating concerns regarding prolonged supply disruptions. This announcement, reported by outlets including Euronews and the BBC , followed a statement f ... |
Iran Military Vows To Prevent Crude Oil Export From Middle-East Amid Global PricTuesday, March 10, 2026
Iran has warned that no crude oil will be allowed to leave the Middle-East if military attacks by the United States and Israel continue. The country rsquo;s elite military force, the Islamic Revolutionary Guards Corps (IRGC), issued the warning on Tuesday, saying it would not permit ldquo;one li ... |
Dangote Refinery Hikes Petrol Price To N1,175 Per LitreMonday, March 9, 2026
The Dangote Petroleum Refinery has increased the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per litre, marking the third price hike within one week. This latest price adjustment was communicated to petroleum marketers on Monday, raising the ex-depot price from ... |
President Tinubu Orders Direct Remittance Of Oil And Gas Revenues To FederationWednesday, February 18, 2026
President Bola Tinubu has issued an executive order to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in this critical sector of the national economy, and redirect resources for the benefit of the citizens. According to a st ... |
Eba Island Oil Discovery: Ogun Reasserts Authority Over Island, Citing Legal andMonday, February 2, 2026
The Ogun State government is standing firm on its claim to Eba Island in Ogun Waterside Local Government Area, dismissing Ondo State 39;s claims as misleading. This follows President Bola Tinubu 39;s approval for drilling activities at an abandoned oil well on the island, sparking public debate. ... |
Nobody Can Buy NNPC’s Refineries Due To ‘Big Mistake’ Under Buhari Govt— DangoteMonday, December 15, 2025
African richest man and president of Dangote Group, Aliko Dangote, has said that the four refineries belonging to the Nigerian National Petroleum Corporation (NNPC) Limited would not attract buyers even if put up for sale. Dangote attributed the current crisis in the downstream sector to investme ... |
Oml 42: In Major Boost For Nigeria, Neconde, A Subsidiary Of Nestoil Raises OilTuesday, October 28, 2025
Nigeria rsquo;s crude oil production has received a major boost, with Neconde, a subsidiary of Nestoil and one of the country rsquo;s foremost indigenous independent producers hitting 50,000 barrels per day on Oil Mining Licence (OML) 42 as of May 2025. With the company rsquo;s Financial and Tech ... |
Nigeria's Midstream Sector Takes Center Stage at GECF Doha Day 1Wednesday, October 22, 2025
Nigeria 39;s midstream gas development agenda took center stage at the opening of the Gas Exporting Countries Forum (GECF) in Doha, Qatar, aligning with President Bola Ahmed Tinubu 39;s vision to drive industrial growth and energy diplomacy through natural gas. https://cdn.thenigerianvoi ... |
NNPCL GCEO, Bayo Ojulari Attends Official Function Amid Resignation RumoursMonday, August 4, 2025
The growing speculation about the resignation of the group chief executive officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has hit a brick wall. This is just as he participated virtually in an industry event hosted by the Society of Petroleum Engineers (SP ... |
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