Recent events in the Nigerian oil market may lead to a major loss for Africa’s richest man, Aliko Dangote, whose refinery, ...

A tanker controlled by Greek owner Enesel is importing the first Algerian crude for Nigeria's giant Dangote refinery. Oil ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said owing to the implementation of a number of Executive ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the ...

NNPC’s oil loan agreements require fixed volumes of crude to secure financing. This contractual commitment reduces the amount ...

Ssonic Petroleum Ltd. has awarded a 20-year contract to a joint venture (JV) of Nigeria National Petroleum Co. Ltd. for the ...

The landing cost of premium motor spirit (PMS) has declined to N774.82 per litre, making it lower than the ex-depot price of fuel from Dangote Refinery, which stands at N825 per litre. According to ...

The Petroleum Products Retail Outlets Association of Nigeria (PETROAN), which represents oil marketers, has voiced ...

The well encountered hydrocarbons across eight reservoirs, logging over 1,000 ft of hydrocarbon-bearing sands.

After years of underperforming OPEC quotas, Nigeria met its OPEC targets in January, said Udobong Ntia, NNPC's executive vice ...

The leadership of Heritage Energy & Oil Services Limited and its joint venture partners recently visited the Executive ...

Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.