Archives for Oil and Gas - Page 3
Petrol war: Importers outpace domestic refineries with 62% supply in 2025
Petrol importation remained the dominant source of fuel consumed in Nigeria in 2025, accounting for per cent of the country’s total Premium Motor Spirit consumption, The PUNCH reports. This trend…
FG unveils gold refinery, advances $600m lithium plant
The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country…
NNPC opens talks to sell stakes in assets – Report
The Nigerian National Petroleum Company Limited has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has revealed. This is as…
NNPCL restores Escravos-Lagos pipeline to full operations
Nigerian National Petroleum Corporation Limited, NNPCL, has announced the successful restoration of the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. In a statement, the company said: “Following the unexpected…
NNPCL’s moves to reinvent self for growth
In an industry often defined by volatility, power struggles and complex stakeholder demands, the Nigerian National Petroleum Corporation (NNPC) Limited seems to have quietly mastered the art of strategic alignment…
N739/litre: Marketers lament low sales as Dangote launches nationwide petrol rollout
Fuel marketers are lamenting low sales following the nationwide rollout of petrol by Dangote Refinery at N739 per litre. Marketers, who spoke to Daily Sun in separate interviews, said the…
Seplat Energy Appoints Mohammed, Ettah As Independent Non-Executive Directors
BY NGOZI ONYEAKUSI The Board of Seplat Energy today announces the appointment of Engineer Saidu Aliyu Mohammed and Mr. Larry Ephraim Ettah as Independent Non-Executive Directors of the Company with effect…
Fuel prices fail to drop below N800 in Lagos, others
Prices of premium motor spirit (PMS) otherwise known as petroleum have started dropping across the country following the reduction in ex-depot price by the Dangote Refinery, checks by Daily Trust…
Nigeria exports N707bn petrol in three months
Nigeria’s export profile to African markets is beginning a notable shift from crude-only trade dominance, as new figures from the National Bureau of Statistics showed a sharp rise in the…
Falade Takes Over As NLNG MD As Philip Mshelbila, Bows Out
BY NGOZI ONYEAKUSI NLNG on Friday held a symbolic sendoff ceremony in Abuja to mark the end of the tenure of its Managing Director and Chief Executive Officer, Philip Mshelbila,…
