The Federal Government has officially begun selling crude oil and refined petroleum products in local currency, the Naira. Mr. Olawale Edun, the Finance...
Crude oil exports accounted for 74.98 percent of Nigeria’s total export value in the second quarter of 2024, according to the Nigeria Bureau...
Nigerian billionaire businessman, Tony Elumelu has said the Nigerian government and security operatives should tell Nigerians those who steal the country’s crude oil....
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has announced that about $16.6 billion investments have been committed to Nigeria’s oil...
In a bid to woo investors to the state, the Bauchi State Government says it has commenced plans to build a magnificent oil...
The Nigerian National Petroleum Company Limited (NNPCL) has explained the rationale for its intervention in the $3.3 billion crude oil pre-payment loan it...
The headquarters of the 6 Division, Nigeria Army, Port Harcourt, says it has uncovered 14 crude oil reservoirs containing about three million litres...
Diesel and aviation fuel will be produced from the Dangote Refinery in Lekki, Lagos, before the end of January just as it commenced...
After its inauguration seven months ago, the Dangote Refinery, the largest single-train refinery in the world, has commenced production, the company has announced....
Dangote Petroleum Refinery has confirmed that it has received the fifth crude oil shipment of one million barrels of Bonny Light supplied by...
The Nigerian National Petroleum Company Ltd (NNPCL) has set a production target of two million barrels of crude oil per day in 2024....
The Dangote Oil Refining Company says it has received its maiden one million barrels of Agbami crude grade which is the first phase...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has been ranked third for free cash flow generation by oil companies in Africa by...
Africa’s richest man, Aliko Dangote, says Dangote Refinery has secured license to refine more than 300,000 barrels of Nigerian crude per day and...
Nigeria’s crude oil production has been raised to 1.728 million barrels per day as at September 2023 following aggressive anti-crude oil theft efforts...
Africa’s largest refinery, Dangote Petroleum Refinery and Petrochemicals planted in Ibeju-Lekki area of Lagos, was on Monday inaugurated by President Muhammadu Buhari and...