Oil & Gas
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Senate uncovers unaccounted ₦300bn in crude oil proceeds
The Senate Ad-hoc Committee investigating crude oil theft in the Niger Delta has uncovered about ₦300 billion in unaccounted crude…
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MAN backs 15% petrol, diesel import tariff
THE Manufacturers Association of Nigeria (MAN) says the recently approved 15 per cent import tariff on petrol and diesel will…
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ADIPEC 2025: NNPC Ltd Calls For Pragmatic Partnerships, Investment To End Energy Poverty
The Nigerian National Petroleum Company (NNPC) Limited has called for bold global partnerships and investments to end the phenomenon of…
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Nigeria on track to hit 2m bpd oil production by 2027 – NNPC
THE Nigerian National Petroleum Company Limited (NNPC Ltd.), says Nigeria remains on track to grow crude oil production to two…
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$50bn secured for refinery, free zone development in Ondo, says Backbone Infrastructure
Backbone Infrastructure Nigeria Limited (BINL) says it has secured over $50 billion for the development of a “500,000-barrels-per-day refinery and a…
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Oil Market Remains Largely Unmoved by OPEC+ Efforts – OIR 041125
This week’s newsletter offers a concise overview of the key figures and data in the energy markets for the week.…
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NNPCL champions energy equity, global collaboration at ADIPEC 2025
THE Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today led a high-level delegation to the NNPC…
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Nigeria on track to hit 2m bpd oil production by 2027 – NNPC
THE Nigerian National Petroleum Company Limited (NNPC Ltd.), says Nigeria remains on track to grow crude oil production to two…
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Oil prices steady despite OPEC+ plans to pause output increases
Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group’s plans to…
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Group backs FG’s 15% import duty on refined petroleum
CENTRE for the Promotion of Private Enterprise (CPPE) has expressed support for the Federal Government’s 15 per cent import duty…
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