Tinubu commends increased crude production to 1.61 mbpd
| Says output surge buoyed by reforms he announced in May 2024 to address gaps in PIA President Bola Tinubu on Sunday declared a resurgence in the oil & gas…
New twist in Dangote diesel quality debacle
| As Abuja based online newspaper provides shocking details Following a comprehensive analysis of data sourced from certified laboratory results and delivery records, Abuja based Newspaper, Politics Nigeria, reports that…
Tinubu directs NNPC to sell crude oil to Dangote Refinery in naira
President Tinubu has extended anoffer of support to the Dangote Refinery by proposing that NNPC sells crude to the refinery in Naira, providing a valuable lifeline. In order to maintain…
Why there’s petrol scarcity in Lagos, Abuja, others- NNPC
The Nigerian National Petroleum Company Limited (NNPC) has blamed the current fuel scarcity on challenges in the supply and distribution chain. Olufemi Soneye, NNPC’s chief corporate communications officer, said in…
Fuel Subsidy Hits N700billion Monthly Under Tinubu Amid Crisis In Nigerian Oil Sector
As crisis continues to rock Nigeria’s oil sector, it has been revealed that fuel subsidy currently gulps over N700billion monthly under the Bola Tinubu-led Nigerian government. The Secretary of the…
Our diesel not inferior to imported ones, Dangote replies critics
| Dismisses monopoly concerns The President of Dangote Industries, Alhaji Aliko Dangote, yesterday, dismissed the claim by critics that the quality of diesel produced by Dangote Refinery in terms of…
‘Dangote refinery at 45% completion, not ready for commissioning’
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed has said billionaire businessman Aliko Dangote requested for total suspension of fuel importation into the…
NNPC claims Nigeria will be net exporter of petrol by December
The Group Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has promised that the country will be a net exporter of refined oil before the end…
₦400bn oil production shortfall threatens 2024 budget
With crude oil production consistently failing to meet budget benchmarks and allotted OPEC quotas, the industry’s regulators and operators have come under severe pressure to fix the hostile operating environment…
Tinubu: Nigeria committed to balanced energy transition approach, meets senior bank executives
President Bola Tinubu says Nigeria remains committed to a balanced approach to energy transition and still requires substantial investments in the oil and gas sector to meet the energy demands…