Nigeria’s upstream sector has received a significant boost after Renaissance Africa Energy announced a major offshore oil discovery in OML 74. Industry estimates put the discovery at about 27 million barrels of recoverable light crude, making it one of the country’s most commercially significant exploration successes in recent years.
NNPC, ONSA, Army, Police Joint Taskforce Intensifies Crackdown on FCT Crude Pipeline Vandalism in Kwali, Abuja
Image Caption: Stakeholders from the NNPC Ltd’s Industry Wide Security Architecture (IWSA), Nigerian Pipelines & Storage Company (NPSC), Office of the National Security Adviser (ONSA), FCT Police Command, the Nigerian Army and other security stakeholders, conducting a joint inspection of…
AIAC West Africa 2026 to Drive Conversations on Asset Integrity, Automation and Cybersecurity as Africa’s Energy Sector Navigates New Operational Risks
As Africa’s oil and gas industry accelerates investment in critical infrastructure, gas development, digital technologies and industrial automation, operators are facing a growing challenge: how to keep assets safe, reliable and secure in an increasingly complex operating environment. From ageing…
Dangote Cuts PMS Gantry Price by N25 per Litre, Undercuts Imported Fuel by N19
Dangote Petroleum Refinery has slashed the ex-depot price of Premium Motor Spirit (PMS) by N25 per litre, bringing it down from N799 to N774 per litre. The move, effective immediately, reinforces the competitiveness of locally refined petroleum products in Nigeria.…
NNPC Alleges Conspiracy, Denounces Sabotage Campaign Against Leadership
In a bold and candid statement released by the Nigerian National Petroleum Company Limited (NNPC Ltd.), the company has raised the alarm over what it describes as a “coordinated sabotage campaign” targeting its leadership and reform agenda. According to the…
WIEN Congratulates President Tinubu on the Appointment of New NNPC Board, Calls for Gender Balance
The Women in Energy Network (WIEN) has extended its heartfelt congratulations to Nigeria’s President, Bola Ahmed Tinubu, GCFR, on the recent appointment of a new board for the Nigerian National Petroleum Company (NNPC) Limited. In a statement signed by its…
NNPC, SPDC donate $1m to Borno flood victims
The Shell Petroleum Development Company of Nigeria Limited (SPDC JV) – Operator of the NNPC Limited, SPDC, TotalEnergies and Nigerian Agip Oil Company Joint Venture– has, announced the donation of US$1 million to support efforts to provide relief to over…
“We have always gotten crude supply from NNPC” – Clarifies Dangote
Insists on NUPRC enforcing PIA Domestic Obligations The Management of Dangote Refinery has clarified its stand on crude supply to its Refinery, stating there was never a time they denied receiving crude supply from NNPC Ltd. This clarification arose in…
Ikeja Explosion Not Linked to NGML/NIPCO CNG Stations, NNPC Confirms
In a swift rebuttal, the Nigerian National Petroleum Corporation Ltd (NNPCL) has stated that the reported explosion this morning at the Mobil filling station in Ikeja, Lagos, has nothing to do with the recently commissioned NNPC Gas Marketing Ltd (NGML)/NIPCO…
Dangote Refutes Reuters Report on Crude Oil Reselling
The Management of Dangote Petroleum Refinery has strongly refuted a Reuters report suggesting that it is reselling crude oil shipments. The report, published on Wednesday, alleged that technical issues at the refinery had led to the resale of crude from…