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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.

FG Orders Crackdown on LPG Hoarding, Diversion to Reduce Cooking Gas Prices

By Elizabeth Ugbo The Federal Government on Monday directed regulatory and security agencies to crack down on LPG hoarding, diversion,…

US Partially Lifts Iranian Oil Sanctions After Positive Nuclear Talks

By Elizabeth Ugbo The United States on Monday partially lifted sanctions on Iranian oil exports by issuing a 60-day waiver…

CBN Allocates Two Additional Crude Oil Export Terminals to Swede Control Intertek

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has allocated two additional crude oil export terminals to Swede Control…

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…