The President of the Dangote Group, Alhaji Aliko Dangote, on Tuesday claimed that International Oil Companies (IOCs) are the ...

The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the U.S. East Coast ...

Aliko Dangote, President of Dangote Industries, said Africa loses estimated $90bn annually to the importation of refined petroleum ...

The Nigerian National Petroleum Company Limited (NNPCL) has announced a massive post-tax profit of N905 billion in June amid ...

The West Africa’s refining capacity has reached 1.365 million barrels per day (mbpd), marking significant growth in the ...

To support the regional market’s evolution, Ahmed said the NMDPRA was working closely with S&P Global Commodity Insights to develop price indices for refined petroleum products, including Premium ...

According to the statement, the attacks on Tantita is “ malicious and deeply offensive, stressing the attacks were the handiwork of “oil thieves and economic saboteurs desperate to return the country ...

Chairman, Board of Trustees, Crude Oil Refinery Owners Association of Nigeria (CORAN), Capt Emmanuel Iheanacho (rtd), and the Chief Executive of Major Energies Marketers Association of Nigeria (MEMAN) ...

The Dangote Petroleum Refinery in Lagos is currently undergoing a major upgrade to raise its refining capacity from 650,000 ...

Nigeria exported crude oil worth $1.34bn to the United States in the first five months of 2025, maintaining the country’s position as America’s leading African oil supplier.Figures from the U.S.

With a record of 104%, Nigeria exceeded the Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota ...