Nigerian president Bola Tinubu has dismissed the NNPC board, replacing key executives to enhance efficiency and drive oil sector reforms.
Tinubu replaces leadership of Nigeria’s oil giant in major shake-up Read More »
Nigeria’s Warri oil refinery has resumed some operations after nearly a decade of shutdowns, marking a significant step in the government’s efforts to revive the country’s moribund refining sector.
Nigeria’s Warri Refinery back online after decade of shutdowns Read More »
Nigeria’s government initiative to sell crude oil priced in naira to local refineries has been hindered by supply shortages, impacting operations at the Dangote Refinery.
Nigeria’s Dangote refinery faces crude supply shortfall Read More »
Nigeria’s state oil company, NNPC, has successfully increased oil production to 1.8 million barrels per day, aiming to reach 2 million barrels per day by the end of the year.
Nigeria’s oil output rises despite security, theft issues Read More »
At NNPC fuel stations in Lagos, gasoline prices jumped to 998 naira per litre ($0.63) from 858 naira, while in Abuja, prices surged to 1,030 naira from 950 naira per litre
Nigeria’s NNPC raises fuel prices amid end to subsidies Read More »
Hussaini Ibrahim, spokesperson for the agency, confirmed the death toll of 48, with efforts still underway to clear the scene
Dozens reported dead in Nigerian fuel truck explosion Read More »
The move is expected to reduce the country’s reliance on foreign currency for oil imports and stabilize fuel prices.
Nigeria approves naira crude sales to Dangote refinery Read More »
President Bola Tinubu’s decision last year to terminate costly fuel subsidies led to a tripling of pump prices initially
Nigeria’s gasoline debt surpasses $6B amid supplier backlash Read More »
The gas processing facility will be established on the Ubeta onshore gas field, co-owned by TotalEnergies and NNPC
TotalEnergies, NNPC plan $550M investment in Nigerian gas facility Read More »
Nigeria, the largest oil producer in Africa, heavily relies on crude oil for over 90% of its foreign exchange earnings and about half of its budget
Seplat: NNPC withdraws challenge to $1.3B Exxon deal Read More »
