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OIL

Dangote Refinery Halts Sales to Unregistered Marketers

19 September 2025

This was contained in a mail correspondence obtained by journalists. The statement signed by the Group Commercial Operations Department of the company stated that the suspension takes effect immediately. The directive aims to promote wider adoption of the refinery’s free delivery scheme for retail outlets and to halt sales to unregistered marketers, whether they buy […]

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FG promises improved incentives to boost energy investment, raise oil output

14 August 2025

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, gave the assurance during an inspection of the NNPC/Chevron Nigeria Limited Joint Venture EGTL facility in Escravos, Delta State. Lokpobiri’s media aide, Nneamaka Okafor, in a statement, said incentives will ensure Nigeria remains an attractive destination for energy investments. “Since we assumed office, things have […]

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FG awards $21m contract to meter 187 oil stations

13 July 2024

It also disclosed that the council awarded another contract for the deployment of software that would enable the government to monitor the movement of Nigeria’s crude from the point of loading of every cargo in Nigeria up to the point of the cargo’s destination. The Minister of State for Petroleum Resources ,Oil, Heineken Lokpobiri, who […]

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ICYMI: NNPC declares state of emergency on oil production

3 July 2024

Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in a keynote address at the opening of the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition Week in Abuja. According to him, a detailed analysis of assets revealed that Nigeria could conveniently produce two million barrels of crude oil per day […]

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