Dangote Dangote refinery has secured its first cargo of Equatorial Guinea’s medium-sweet Ceiba crude. The refinery purchased a cargo of 950,000 barrels, loading on April 12-13, from BP, according to…
In February, OPEC's overall oil production experienced a boost, primarily due to Nigeria's increased output. Reuters reported that Nigeria's crude oil production exceeded its OPEC quota by approximately 70,000 barrels per day…
Dangote Petroleum Refinery Reduces Petrol Prices for February Dangote Petroleum Refinery & Petrochemicals has cut the price of Premium Motor Spirit (PMS), known as petrol, for the second time this…
The Organization of Petroleum Exporting Countries (OPEC) has urged Nigeria to show commitment by meeting established targets in the oil and gas sector. OPEC believes that Nigeria can fulfill the…
Importance of Supportive Policies for Oil and Gas Investors Victor Bandele, Deputy Managing Director of Deepwater Assets at TotalEnergies Nigeria, emphasized the need for effective policies and a favorable environment in…
Nigerian Navy's Ongoing Fight Against Crude Oil Theft To protect Nigeria’s maritime territory and combat crude oil theft (COT), the Nigerian Navy has achieved significant successes through Operation DELTA SANITY…
Revival of the Warri Refinery After a ten-year hiatus, the Warri Refining & Petrochemicals Company in Delta State reopened on December 30, 2024. The event surprised many at the Ekpan…
Recovery from Output Slump Key industry analysts foresee a significant turnaround in Nigeria’s oil sector, which may prompt the country to seek an increased production quota from OPEC. After years…
The Dangote Petroleum Refinery and eight domestic refineries now plan to process 770,500 barrels of oil daily from January to June 2025.Meanwhile, the government aims to boost production capacity to ensure a stable crude…
Dangote Refinery Clarifies NNPCL’s Investment Role Amid Liquidity Claims Dangote Refinery recently addressed misconceptions about the Nigerian National Petroleum Company Limited (NNPCL)’s involvement in a $1 billion investment for the…