Tag: Nigeria oil and gas

Tinubu launches powerful petroleum sector reforms task force to reshape Nigeria’s oil and gas industry

Business Damilola Bayonle -
President Bola Tinubu has approved the establishment of a high-level reform body aimed at accelerating structural transformation in Nigeria’s...

Dangote refinery reaches 650,000bpd capacity, set to reshape Nigeria’s fuel market

Business Damilola Bayonle -
Dangote refinery hits full capacity — MD Nigeria’s largest privately owned refinery has reached a defining operational milestone, as the...

NUPRC and NNPC move to cut costs, improve efficiency in Nigeria’s oil and gas industry

Business Damilola Bayonle -
Nigeria’s upstream petroleum regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian National Petroleum Company Limited (NNPC...

Nigeria opens 50 oil blocks as NUPRC targets serious investors in 2025 licensing round

Business Damilola Bayonle -
NUPRC Opens 50 Oil Blocks for Bidding to Attract Serious Investors, Boost Energy Security Nigeria has formally opened 50 oil...

Dangote Refinery turns to lighter crude as key cracker downtime hits fuel output

Business Damilola Bayonle -
Nigeria’s largest refinery, the 650,000-barrel-per-day Dangote Petroleum Refinery, has adjusted its crude processing strategy by shifting towards lighter crude...

Tinubu revives Shell’s $5bn Bonga southwest as Nigeria targets new oil boom

Business Damilola Bayonle -
President Bola Tinubu has taken a decisive step to revive one of Nigeria’s most ambitious deep-offshore oil developments, approving...

Seplat intensifies drive to end routine gas flaring as Nigeria targets net-zero future

Business Damilola Bayonle -
Seplat Energy Plc has intensified its campaign against routine gas flaring, positioning the move as a critical step in...

Nigeria 2025 licensing round: NUPRC unveils gas asset opportunities starting December 1

Business Damilola Bayonle -
Nigeria is gearing up for a new phase in its oil and gas exploration drive as the Nigerian Upstream...

NUPRC Targets 40% Share of Africa’s Oil, Gas Investments

Business Damilola Bayonle -
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled an ambitious strategy to reclaim Nigeria’s dominance in Africa’s oil...

Fuel Dealers Kick Against NMDPRA Plan

Business Damilola Bayonle -
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is facing mounting opposition from fuel marketers over its newly...