Oil & Gas

Latest Oil & Gas News

Dangote refinery slashes ex-depot petrol price to N1,165/litre

Dangote Petroleum Refinery has reduced its ex-depot petrol price to N1,165 per…

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Indimi seeks to join appeal against $43.5m judgement awarded to daughters

Nigerian oil billionaire and founder of Oriental Energy Resources, Muhammadu Indimi, has…

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NEC approves refinancing of $3.3bn NNPC’s crude-for-cash loan

    The National Economic Council (NEC) has approved the refinancing of…

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NNPC profit surges to 10-month high of N535bn

  By Ayo Olesin The Nigerian National Petroleum Company Limited (NNPC Ltd),…

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Seplat Energy to divest 10% stake in NNPC JV for $281m

Seplat Energy says it has signed an agreement with the Nigerian National…

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Marketers accuse NMDPRA of favouritism in import licences allocations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has come under…

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Dangote Refinery confirms $2.5bn private placement ahead of IPO

The Dangote Petroleum Refinery has confirmed the successful completion of a $2.5…

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Dangote resumes petrol sales in naira, increases price by N140

  The Dangote Petroleum Refinery has resumed the sale of Premium Motor…

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31 companies win 37 oil blocks in 2025 licensing round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 31 companies have emerged…

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NNPC, Dangote disagree over crude supply obligations

The Nigerian National Petroleum Company Limited (NNPC) and the Dangote Petroleum Refinery…

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