The Nigerian National Petroleum Company Limited remitted N7.91tn to the Federation Account between January and July 2026, even as its […]
Category: Oil and Gas
NUPRC clarifies $300 helicopter levy, exempts offshore oil operations from TNC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 300-dollar helicopter levy for air navigational services remains payable, while Terminal […]
NNPCL hikes petrol price to N1,345 in FCT
The Nigerian National Petroleum Company Limited has increased the pump price of Premium Motor Spirit, popularly known as petrol, from […]
Crude Prices Rise Above $90 Per Barrel On US-Iran Strikes
Oil prices jumped more than two per cent Monday, with the Brent international benchmark rising above $90 a barrel after […]
NNPC, partners advance $21bn Bonga offshore project
Nigeria’s push to revive investment in its deepwater oilfields gained fresh momentum on Monday as the Nigerian National Petroleum Company […]
PENGASSAN Summit: NLNG seeks reforms to unlock Nigeria’s 600 TCF gas potential
The Nigeria LNG Ltd. (NLNG) has called for governance reforms, predictable regulation and sustained investment to unlock Nigeria’s estimated 600 […]
NUPRC moves to deepen domestic supply through petroleum swap
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is consulting widely with stakeholders in the industry on the idea […]
NLNG, NCDMB unveils research centre to boost Nigeria’s engineering capacity
The Nigeria LNG Limited (NLNG) and the Nigeria Content Development and Monitoring Board (NCDMB) on Thursday unveiled plans to construct […]
Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPEC
Nigeria’s crude oil production, excluding condensate, fell by 37,000 barrels per day, bpd, to 1.546 million bpd in July 2026, […]
Petrol consumption falls by 600,000 litres/day
Nigeria’s daily consumption of Premium Motor Spirit (PMS), otherwise known as petrol, fell by 1.27 per cent to 47.4 million litres per […]