Alhaji Aliko Dangote, praised NPA for efficiently implementing the Federal Government's policy on domestic sales of crude oil ...

Crude grade price from Nigeria appreciated above $70 per barrel, marginally higher than the major oil contracts traded on the ...

NNPC says sale of refineries not off the table as rehabilitation faces setbacks due to misaligned imported technology and aging infrastructure.

Since the commencement of refining operations in 2024, Dangote Refinery has been importing the bulk of its crude ...

NUPRC says oil sector is rebounding, with rig count rising from 8 in 2021 to 46, reflecting investor confidence ...

The Nigerian National Petroleum Company Limited said the state-owned oil firm would continue to supply crude oil to Dangote Refinery on a commercially ...

Dangote Industries Limited says it expects its 650,000-barrel-per-day refinery to be fully supplied with crude oil from Nigerian producers by the end of 2025 -- a major step towards cutting dependence ...

Nigeria's state oil firm NNPC Ltd is winding down crude swap contracts with traders and will pay cash for gasoline imports, its chief executive told Reuters, adding that private companies could ...

Backbone Infrastructure Nigeria Limited (BINL), a multinational infrastructure development company, says it will build a $15 ...

Oil export is Nigeria’s mainstay as crude production and now averages 1.8 million barrels per day compared with 1.3 million (bpd) in March, though the country has the capability to export close ...

Nigeria's crude oil production fell below 1 million barrels per day (bpd) in August, figures from its regulator show, as the nation grappled with rampant theft from its pipelines and years of ...

Crude oil exports out of Nigeria plunged to below 1 million barrels per day (bpd), their lowest level on record, last month, oil export analytics firm Petro-Logistics said on Monday.. Over the ...