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Oil & Gas

Explore updates on oil production, natural gas supply, refinery operations, energy policies, and market dynamics. Get expert analysis on the energy sector and global trends impacting oil and gas.

Dangote Refinery Hits 661,000 BPD, Challenges Fuel Import Licences in Court

By Elizabeth Ugbo President of the Dangote Group, Aliko Dangote, has revealed that the Dangote Petroleum Refinery processed 661,000 barrels…

Petrol Prices Surge Above N1,300/Litre in Lagos as Crude Costs Rise

By Elizabeth Ugbo Petrol prices rose sharply on Wednesday across Lagos and South-West states, as filling stations increased pump prices…

NNPC Denies Sale of Refinery Scrap, Warns Public Against Fraudsters

By Elizabeth Ugbo The Nigerian National Petroleum Company Limited has denied claims that it is selling refinery scrap materials. On…

NNPC Crude Supply to Dangote Refinery Surges in April 2026

By Elizabeth Ugbo Crude oil deliveries to the Dangote Oil and Gas Company Limited increased significantly in April 2026, as…

Nigeria Petrol Supply Hits 40.1ml/d in March 2026 as Imports Support Market Stability

By Elizabeth Ugbo Nigeria’s petrol supply rose to 40.1 million litres per day in March 2026, according to the Nigerian…

Nigeria Boosts Oil Production to 1.84 Million Barrels Per Day Amid Anti-Theft Crackdown

By Elizabeth Ugbo Nigeria’s crude oil production has risen to 1.84 million barrels per day as government efforts to curb…

Dangote Refinery Boosts Nigeria’s Energy Security Amid Global Crisis

By Elizabeth Ugbo In Nigeria, the Dangote Refinery, owned by Aliko Dangote, has transformed the nation’s fuel supply since October…

Court Orders Final Forfeiture of $13m Linked to Aisha Achimugu

By Elizabeth Ugbo A Federal High Court in Abuja has ordered the final forfeiture of $13 million linked to businesswoman…

Naira-for-Crude Policy Fails to Lower Fuel Prices in Nigeria

By Elizabeth Ugbo Nigeria’s naira-for-crude policy, introduced in 2024 to boost local supply, has not reduced fuel prices in 2025,…

Tinubu Establishes Presidential Petroleum Reform Taskforce to Drive Sector Reforms

By Elizabeth Ugbo President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce…