Business
Dangote Refinery Runs Above Full Capacity, Hits 736,470bpd
September 29, 2026
Dangote Refinery Runs Above Full Capacity, Hits 736,470bpd
Dangote Petroleum Refinery processed more crude oil than it was built to handle in August 2026, averaging 736,470 barrels per…
NNPC Posts ₦7.2 Trn Profit, Pays Shareholders ₦5.8 Trn As Crude Output Hits Five-Year High
September 29, 2026
NNPC Posts ₦7.2 Trn Profit, Pays Shareholders ₦5.8 Trn As Crude Output Hits Five-Year High
The Nigerian National Petroleum Company (NNPC) Limited has reported a 33 per cent jump in profit after tax to ₦7.2…
PETROAN Seeks Offtake Deal With Azikel Refinery
September 29, 2026
PETROAN Seeks Offtake Deal With Azikel Refinery
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has opened talks with Azikel Refinery for a structured offtake…
Court Directs NMDPRA To Issue Import Licences To Marketers
September 28, 2026
Court Directs NMDPRA To Issue Import Licences To Marketers
The Federal High Court in Abuja has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue to…
Crude Prices Climb As Diplomatic Deadlock Persists Between Washington, Tehran
September 28, 2026
Crude Prices Climb As Diplomatic Deadlock Persists Between Washington, Tehran
Oil markets pushed higher on Monday, with both major benchmarks gaining roughly 2% after President Trump turned down a proposed…
AECAF 2026: Experts Push For Stronger Investment In Nigeria’s Hydrocarbon Sector
September 28, 2026
AECAF 2026: Experts Push For Stronger Investment In Nigeria’s Hydrocarbon Sector
Nigeria’s oil and gas industry has long served as the backbone of the nation’s economy, accounting for a significant share…
Dangote Refinery Targets $36Bn Revenue As Ruto Praises Facility
September 27, 2026
Dangote Refinery Targets $36Bn Revenue As Ruto Praises Facility
Kenyan President, William Samoei Ruto, has reaffirmed Kenya’s support for the proposed East African Oil Refinery in Lamu after describing…
NNPC Ltd Welcomes $800m Ima Gas Final Investment Decision
September 25, 2026
NNPC Ltd Welcomes $800m Ima Gas Final Investment Decision
The Nigerian National Petroleum Company Limited (NNPC Ltd) has welcomed the $800 million Final Investment Decision (FID) reached on the…
PETROAN Warns Against Single Company Dominance In Petroleum Market
September 25, 2026
PETROAN Warns Against Single Company Dominance In Petroleum Market
The National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Dr Billy Gillis-Harry, has warned against…
NUPRC Vows Regulatory Certainty For Investors, Reports Over $57Bn In Approved Projects
September 24, 2026
NUPRC Vows Regulatory Certainty For Investors, Reports Over $57Bn In Approved Projects
Nigeria’s oil and gas regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Thursday pledged to maintain regulatory certainty for…