
Category: Oil & Gas

Petrol prices are determined by free market forces, says NNPCL
The scarcity should ease in the next few days as more stations recalibrate and begin operations.

Shell, Turkey sign 10-year LNG supply deal in regional gas hub push
The contract includes an option for the gas to be delivered to European terminals outside Turkey, Bayraktar said, adding that it will give Botas “critical capabilities” in LNG shipping.

Nigeria, China sign nuclear energy pact
President Tinubu toured the Huawei Research lab, securing a commitment from the tech giant to establish a joint solar PV test lab in Nigeria.

Nigerians pay one of lowest prices for petrol —Report
Venezuela is the least on the list selling at $0.02 per litre.

Otedola congratulates Dangote on petrol production, says 25 years dream fulfilled
The refinery idea was conceived 25 years ago to transform the country’s energy landscape and liberate Nigerians from the economic dependence that has been holding the country back.

Dangote refinery presents first petrol sample
Refinery will meet the demands of not only Nigerians but also sub-Saharan Africa

Concern as pump price of petrol races towards N1,405/litre
The NNPC Ltd has already indicated that it cannot continue to sustain fuel importation at rising cost while passing the cost to final consumers is proving a difficult decision.

Dangote petrol ready for sale
The refinery battled crude shortage and entered into a brawl with the Nigerian Midstream and Downstream Regulatory Authority, which accused the refinery of producing substandard diesel.

EU importing more gas from Russia than from United States
However, across the EU, Russia has risen to second place in the list of suppliers, just ahead of the US. The destination countries were not clear from the data.

NNPC Ltd faces financial strain due to PMS supply costs, impacting supply sustainability
We are actively collaborating with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products nationwide.