The Dangote Petroleum Refinery is ready to begin selling Premium Motor Spirit, also known as fuel. This comes just a few days after the 650,000-capacity refinery conducted a test run of the... Read more »

There are indications of an imminent hike in the price of petrol as the Nigerian National Petroleum Company Limited (NNPCL) has admitted financial strain. Government officials have in the past two weeks... Read more »

The Nigerian National Petroleum Corporation (NNPC) has finally admitted that the debts owed international oil traders as a major factor in the ongoing fuel scarcity across the country. In a statement released... Read more »

The Nigeria National Petroleum Corporation (NNPC) Limited has announced the commencement of Liquefied Natural Gas (LNG) exports to the Asian markets of China and Japan. The spokesperson of the national oil company,... Read more »

The Minister of Aviation and Aerospace Development, Festus Keyamo, has expressed disappointment over the state of the country’s aviation sector. He stated that Murtala Muhammed Airport, Lagos appeared like FAAN’s only viable... Read more »

Nigeria’s Gross Domestic Product (GDP) for the second quarter of 2024 grew by 3.19%, the National Bureau of Statistics (NBS) has said. In its Q2 2024 GDP Report on Monday, the Bureau... Read more »

The Federal Government has declared that the Nigerian National Petroleum Company Limited (NNPC) does not have the funds required to rebuild old pipelines. The Minister of State for Petroleum Resources, (Oil), Heineken... Read more »

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has queried high influx of Indians in the oil and gas industry in the country. Mr Festus Osifo, PENGASSAN’s President, said... Read more »

The 650,000-barrel-per-day Dangote refinery is undergoing test runs for Premium Motor Spirit or petrol production, with full operation expected by mid-September. This was revealed by Reuters quoting a note by industry monitor... Read more »