Nigeria, Nov. 14 -- On Thursday, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced plans to reactivate all dormant oil fields. It also announced a plan to fast-track regulatory ... Read More
Nigeria, Nov. 13 -- The Nigerian government on Thursday said the implementation of a 15 per cent import duty on petrol and diesel, recently announced by President Bola Tinubu, is "no longer in view". ... Read More
Nigeria, Nov. 11 -- President Bola Tinubu has assured Siemens Energy, the technical contractor handling the Presidential Power Initiative (PPI), of the government's full commitment to improving the co... Read More
Nigeria, Nov. 11 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday announced the commencement of the 2025 licensing round, effective 1 December. In a statement on Tuesday, t... Read More
Nigeria, Nov. 11 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Monday it approved 43 Field Development Plans (FDPs) that can unlock 1.7 billion barrels of crude oil and 7.7 ... Read More
Nigeria, Nov. 9 -- YIAGA Africa, a civil society organisation monitoring Saturday's Anambra State governorship election, has estimated the preliminary voter turnout for the election to be between 20.2... Read More
Nigeria, Nov. 4 -- Femi Otedola, billionaire businessman and chairman of Geregu Power Plc, has commended President Bola Tinubu for implementing a 15 per cent import tariff on petrol and diesel. Mr Ot... Read More
Nigeria, Nov. 1 -- As Nigerians continue to debate the potential impact of a recent 15 per cent tariff on imported petrol and diesel, Dangote refinery, the largest oil refiner in the West African coun... Read More
Nigeria, Oct. 31 -- Oando Plc reported an increase of 164 per cent in profit after tax from N76 billion to N210 billion in the first nine months of the year, according to its unaudited financial state... Read More
Nigeria, Oct. 31 -- The Nigerian National Petroleum Company Limited (NNPC Ltd) has initiated a comprehensive technical and commercial review of its three refineries to ensure optimal performance and s... Read More