Nigerians have expressed concerns over the continued importation of petrol by the Nigerian National Petroleum Company Limited (NNPCL), despite the ...

While Fitch has stopped monitoring Dangote Industries, other agencies like Moody’s and S&P Global Ratings are expected to continue assessing the company. Fitch Ratings announced on Feb. 11 it will no ...

THE Port Harcourt Refinery, located in the Alesa-Eleme community, continues to operate at a minimal capacity months after its ...

A confidential report exclusively obtained by Nairametrics from a reliable source tracking the movements of motor tanker vessels, which monitors ...

Aliko Dangote, Africa’s richest man, has invested a whopping £16billion in building one of the world's largest oil refineries ...

Data by the Nigerian Upstream Petroleum Regulatory Commission shows that the cost of producing crude oil in the country has ...

Crude producers should reserve a fixed percentage of their output for local refiners before exporting any surplus.

Nigeria’s crude oil production reached an average of 1.53 million barrels per day (bpd) in January, marking the first time ...

The Nigerian National Petroleum Company Limited (NNPC) has revealed that the Kaduna Refinery has undergone 60% mechanical ...

Interestingly, fuel queues have vanished across petrol stations in Nigeria, as experts believe the reforms in the downstream ...

The move by Dangote Petroleum Refinery to slash the price of diesel by N55 per litre has sent ripples through Nigeria’s ...

The Dangote Petroleum refinery, the largest in Africa, could begin operating at full capacity of 650,000 barrels per day in 30 days' time.