Despite Crude Oil Fall, Dangote Refinery Raises Petrol Price, Pump Price Hits N1,250/Litre
DANGOTE Petroleum Refinery and Petrochemicals FZE has increased the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N1,185 to.
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67.6m Barrels Of Crude Delivered To Local Refineries In Eight Months, FG Says
THE Federal Government says a total of 67,657,559 barrels of crude oil were allocated to local refining companies between January and August 2025,.
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India Buys Nigerian Crude As Dangote Refinery Leans On US Oil
IN a striking twist in the global oil market, Indian refiners are ramping up purchases of Nigerian crude even as the country’s flagship.
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Unsold 92m Barrels Of Crude Threatens Nigeria’s N19.6trn Oil Revenue
NIGERIA’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 92 million barrels of crude oil,.
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Troops Recover 1.2 Million Litres Of Stolen Crude In Niger Delta
TROOPS of the Nigerian Army have recovered 1.2 million litres of stolen crude, destroyed 56 illegal refineries and arrested 17 suspected oil thieves.
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Finally, Port Harcourt Refinery Begins Crude Oil Processing
THE Port Harcourt Refining Company (PHRC) Ltd in Rivers State has commenced crude oil processing. This is according to the Chief Corporate Communications.
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Naira-For-Crude Deal: FG To Supply Dangote Refinery With 400,000 Barrels Of Crude Daily
THE Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery under its naira-for-crude.
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Dangote Refinery Eyes 500,000-Barrel Production Capacity July
BARRING any last-minute change in plan, the $20bn Dangote Oil Refinery would be listed on the Nigerian Stock Exchange by December 2024. The.
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Army Confiscates ‘Three Million’ Litres Of Stolen Crude Oil In Rivers
THE Nigerian Army has confiscated over three million litres of stolen crude oil at an illegal refinery operating in Rivers State. The stolen.
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FULL LIST: 23 Oil Blocks Fail To Produce Crude – FG
NO fewer than 23 oil blocks managed by both international and local oil companies, which are under crude oil Production Sharing Contracts with.
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JUST IN: Reps Grill Malami Over $2.4bn Illegal Oil Sale
THE House of Representatives is currently grilling the Minister of Justice and Attorney-General of the Federation, Abubakar Malami (SAN), over the alleged illegal.
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Oil Theft: Security Operatives Destroy Boat Carrying 600 Barrels Of Crude In Delta
THE military, in partnership with a security outfit, Tantita Security Services, has impounded a barge in Warri, Delta State loaded with over 600.
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$2.4bn Crude Oil Probe: Reps Expect Malami Thursday
THE Minister of Justice and Attorney General of the Federation, Abubakar Malami, has responded to the House of Representatives ad hoc committee investigating.
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Nigeria’s Crude Oil Sales Rise By 46% To N21trn – NBS
NIGERIA’S crude oil sales rose by 46.41 per cent to push Nigeria’s total export to N26.79tn in 2022. This is as total trade.