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Expectations about Dangote Refinery inauguration are Extremely Exaggerated

By the Editorial Board of Africa Oil+ Gas Report The ceremony around the planned visit by the Nigerian President to the Dangote Refinery on May...

NUPRC Plans Fast Licensing For Indigenous Oil Firms

The Nigerian Upstream Petroleum Regulatory Commission has said that the commission will support indigenous oil and companies with the right policies and regulations to...

Embargo on Russian gas opens $176m revenue window for Nigeria

By Collins Olayinka, Abuja NMDPRA rallies stakeholders for gas utilisation to boost devtNigeria stands to earn $176 million, if it can explore embargo on Russian gas...

PENGASSAN Clarifies Stand On Petrol Subsidy Removal

Port Harcourt — The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN has clarified that the union was not against fuel subsidy removal,...

NNPC Releases Additional 1.4 Billion Litres of PMS in 25 Days

The Nigerian National Petroleum Company Ltd has continued in its efforts to ensure adequate supply of Premium Motor Spirit into the market. In a fresh...

Fuel subsidy to end in 2023-Buhari

President Muhammadu Buhari has said that subsidy on petroleum product  will be discontinued in 2023. The President stated this while delivering his speech on the...

Theft hurts Nigeria´s oil output but crackdown intensifies

ABUJA, Nigeria (AP) - Nigeria is losing 470,000 barrels of crude oil per day to theft and pipeline vandalism, regulators say, and has now...

NNPC kicks over invitation by Senate

The Senate on Wednesday clashed with Nigerian National Petroleum Corporation Limited over legal basis of not honouring invitation by its relevant committees. The NNPC in...

Nigeria Drops to Africa’s 4th Largest Oil Producer, OPEC Reports

Abuja, Nigeria —  Nigeria is facing a record reduction in oil production, oil cartel OPEC reports, dropping from the first largest producer in Africa to...

Nigerian govt recovered N2.6trn revenue from oil company – NEITI

The Federal Government has recovered a total of N2.6trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative, NEITI, National Assembly intervention. NEITI...

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