Oil/Gas Reports

General Hydrocarbons succeeded in overturning the order detaining the crude oil cargo, but First Bank immediately appealed the ruling.

Wale Tinubu, said indigenous energy companies are rewriting Nigeria’s energy story doing it with power, purpose, and pride.

The NUPRC puts the Reserves Life Index for Nigerian oil at 64 years while that of gas is 93 years.

TotalEnergies' profit before tax grew by 140 per cent from N17.580 billion in 2023 to N42.255 billion in 2024.

One of the primary causes of the shortage is the continuous migration of skilled engineers to developed countries in search...

The singular female representative on the board is an institutional appointee from the Ministry of Finance, not an independent selection.

Global Hydrocarbons threatens lawsuits against First Bank for for defamation, and breach of contract.

"Today, the Warri Refinery returned to operation weeks after NNPC Limited restarted the 60,000 Barrels per day at the Port...

The agreement, according to the government, outlines a framework for academic exchange and technology transfer to further strengthen the academic...

“On December 8, 2024, an oil sheen was detected at a loading buoy during export operations at Bonny Terminal."

Others sued by Dangote refinery include AYM Shafa Limited, A. A. Rano Limited and Matrix Petroleum Services Limited.

“Nigeria remains steadfast in supporting these efforts while pursuing our national objectives within the global energy landscape,” Mr Lokpobiri said.

"These appointments align with NNPC Limited’s commitment to building a unified and competent leadership team..."

“We have even gone lower to sell at N960 per litre for sale into ships while maintaining N990 per litre...

“Whatever solution we proffer in crude oil and refined products sales in Naira should not take us back to our...

I repeat Shell is not leaving Nigeria. We are not going anywhere and we will be together for a long...

Mr Kyari the removal of fuel subsidies in Nigeria has been a game-changer in the fight against cross-border smuggling.

Mr Lokpobiri said the statement does not represent his position as the minister overseeing the oil sector, nor does it...

As NNPC withdraws as a middleman for Dangote Refinery petrol, the price of petrol at fuel stations in Lagos may...

He explained that certain revolutionary measures were taken to ensure that Nigerians enjoy a more stable and regular electricity supply.

Petrol sourced from Dangote Refinery in Lagos will now cost more than gasoline imported from abroad.

Mr Soneye emphasised that market forces determine domestic pump prices.

"On the 29th of November 2019, Oando completely exited from the OVH partnership when it transferred its remaining 5% shareholding...

In its reaction to the NNPC-OVH controversy, the state-owned oil firm failed to address the crux of the controversial acquisition.

Nigerians largely blame NNPC Ltd for the fuel crisis in the country. But in reality, the NNPC Retail no longer...