Oil and Gas

Nigeria’s Refinery Map Shifts As Dangote Leads, State Plants Await Full Return

adminSeptember 21, 2026

Nigeria’s refining landscape is being reshaped as private and modular plants operate alongside government-owned facilities undergoing rehabilitation, testing or efforts to secure new investment. Legit.ng reported that at the centre of the sector is the Dangote Petroleum Refinery in Lagos, with a nameplate capacity of 650,000 barrels per day, making it the country’s largest refining...

N1,500 Pump Price Triggers Moves To Revive Warri, Port Harcourt Refineries

adminSeptember 21, 2026

Petrol prices reaching as high as N1,500 per litre in some parts of Nigeria have renewed pressure on the Federal Government and the Nigerian National Petroleum Company Limited (NNPC Ltd) to bring the Warri and Port Harcourt refineries back into operation. The pressure has coincided with fresh technical assessments of the two government-owned facilities as...

Fuel Price Surge: NMDPRA Says Marketers, Not Regulator, Set Pump Rates

adminSeptember 21, 2026

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has distanced itself from the latest surge in petrol prices, saying the law does not empower it to dictate what filling stations charge motorists. The clarification comes as petrol prices climb to between N1,400 and N1,450 per litre in major cities, placing renewed pressure on consumers...

Iran War Sends Oil Above $107 As Hormuz Crisis Threatens Global Economy

adminSeptember 14, 2026

Global oil markets came under fresh pressure on Monday as crude prices climbed above $107 a barrel, with renewed attacks in the Gulf and uncertainty over the Strait of Hormuz raising fears of a deeper disruption to one of the world’s most important energy corridors, The Independent reports. The latest price surge followed Iranian attacks...

MMI Alleges Lopsided Oil, Gas Jobs; Ekpo’s Team Defends Record Of Inclusive Representation

adminSeptember 10, 2026

The controversy over the distribution of employment opportunities in Akwa Ibom’s oil and gas sector has taken a new turn, with the team of Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, rejecting allegations by Mboho Mkparawa Ibibio (MMI) that opportunities under his watch have been distributed unfairly. The minister’s spokesman, Louis Ibah, said...

NNPC, Partners Sign Agreements to Advance Bonga Deepwater Project

adminAugust 25, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners in OML 118 have signed key agreements to advance the Bonga South-West/Aparo deepwater project towards Final Investment Decision (FID). NNPC announced the development in a press release on Monday, saying the project is expected to attract between $15 billion and $21 billion in investment...

Dangote Refinery extends free fuel delivery to 14 states

adminAugust 24, 2026

The Dangote Petroleum Refinery and Petrochemicals has expanded its free petroleum products delivery scheme to four additional states, bringing the number of states benefiting from the initiative to 14. The newly covered states are Kano, Imo, Anambra and Nasarawa, in a move expected to reduce transportation costs in the downstream petroleum distribution chain and potentially...