Petroleum
Labour Congress and Civil Groups Accuse Government of Fuel Price Exploitation
The Nigeria Labour Congress and civil society groups have launched sharp criticism against the Federal Government and petroleum operators over fresh petrol price...
Nigerian Refinery Revival Key to Slashing Fuel Prices, Says IPMAN
Nigeria's crippling fuel crisis has a solution that doesn't involve subsidies, according to the country's independent petroleum marketers. Reviving the long-dormant Port Harcourt,...
Nigerian Coalition Calls for Presidential Investigation into Alleged Fuel Smuggling Scheme Through Togo
A powerful alliance of 75 civil society organizations and political parties has demanded that Nigeria's presidency launch an immediate investigation into explosive allegations...
Nigeria Exports 80 Percent of Crude Oil Despite Rising Local Refinery Demand
Oil companies in Nigeria exported nearly 80 percent of the country’s crude oil production in the first quarter of 2026 despite increasing demand...
Nigeria Oil Producers Offer 58.8 Million Barrels to Local Refineries as Domestic Supply Obligation Exceeds Target
Oil producers in Nigeria have supplied about 58.8 million barrels of crude oil to domestic refineries in the second quarter of 2026, surpassing...
U.S. Imports of Nigerian Crude Drop 15 Percent as Energy Trade Shifts in Early 2026
The United States spent $578.78 million on crude oil imports from Nigeria in the first quarter of 2026, marking a significant decline compared...
Nigeria, Oil Firms Record $4bn Windfall as Global Crude Prices Surge Amid Conflict
Nigeria and oil companies operating in the country have reportedly earned an estimated 4 billion dollars in additional revenue following a sharp rise...
10 African Countries with the Smallest Proven Oil Reserves in 2025
Africa’s oil wealth is concentrated in a few countries, leaving many nations with limited crude reserves that play only a minor role in...
Nigerian National Petroleum Company Denies Explosion at Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State....
