NNPCL Breaks Silence, Clarifies Naira Crude Contract With Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has reacted to recent reports circulating on social media…

NNPCL Signs Major Gas Deal For Proposed LNG Plant In Lekki FTZ

Managing Director, NNPC Gas Marketing Limited, NGML, Justin Ezeala and CEO of Ssonic Petroleum Ltd, Ifeoma…

NBS Report Indicates Petrol Imports Rose By 105% To ₦15.42trn In 2024

Petrol imports surged by 105.3%, hitting ₦15.42 trillion in 2024. The latest data by the National…

Seven Oil Firms To Settle $37.4m Debt Before August — Reps

The House of Representatives says it has secured the commitment of seven oil companies to settle…

NMDPRA Issues New Refinery Licenses In Edo, Delta, Abia

The Nigeria Midstream and Downstream Petroleum Resources Authority (NMDPRA) has issued refining licenses to three companies…

Marketers worry as 5-month fuel imports hit N6tn

Despite improved domestic refining capacity in Nigeria, major oil marketers have continued to import refined petroleum…

Petroleum Downstream Sector: PMS Cost May Drop Further As Crude Prices Fall

The price of Premium Motor Spirit (petrol) may be on a downward slope if the crude…

Two Burnt To Death At Petrol Station In Oyo

Two persons have died in a tanker fire that occurred in a filling station at the…

NNPCL Reduces PMS Pump Price To N860 Per Litre

The Nigerian National Petroleum Company Limited (NNPC) has reduced the price of petrol to N860 per…

Ukraine Ready To Sign Minerals Deal, Says Zelensky

Ukraine is ready to sign a minerals deal with the United States, Ukrainian President Volodymyr Zelensky…

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