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…
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,…