Oil & Gas
Petrol Stations in Lagos Hike PMS Price to ₦930 per Litre
Premium motor spirit (PMS), often referred to as petrol, is currently N930 per litre at filling stations in Lagos. The...
Read moreDetailsPetrol Crisis Deepens As Landing Cost Soars to N885/Litre
Petrol crisis is expected to deepen as the landing price of imported premium motor spirit was up from N797 to...
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Gas Facility Blast Shakes Rivers Community, Sparks Fear
The Soku gas pipeline near the Soku-Elok (Abua)-Rumuji-Bonny export terminal in Rivers state has reportedly experienced an explosion. Christian Otiasah,...
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Petrol Imports Surge to 154m Litres Weekly as Marketers Snub Dangote Refinery
The Nigerian Port Authority says between March 17 and 23, 2025, Nigerian petroleum product marketers and dealers imported 154.22 million litres of...
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OPEC: Nigeria’s Crude Oil Output Slumps to 1.46m bpd in February
Nigeria's average daily output of crude oil fell to 1.46 million barrels per day (bpd) in February as stated by...
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Petrol Price Drops to N860/Litre – Marketers Reveal NNPCL’s New Rate
The price of petrol at some Nigerian National Petroleum Company Limited retail locations has been adjusted to N860 per litre....
Read moreDetailsDangote Refinery Unveils N65/Litre Refund Plan for Buyers—Here’s How It Works
Customers who bought Premium Motor Spirit (petrol) from any of the Dangote Petroleum Refinery's major partners, Ardova Plc, Heyden, or...
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London Court Orders NLNG to Pay Swiss Firms $380M for Contract Breach
Nigeria LNG Limited (NLNG), a producer of liquefied natural gas, has been ordered by a London court to compensate Vitol...
Read moreDetailsNNPC Refutes Viral Video on Dangote Refinery Petrol Efficiency
A widely shared video depicting claims that MRS Oil's premium motor spirit (PMS) lasts 13 minutes longer than NNPC's has...
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Dangote Eases Diesel Burden, Cuts Price from ₦1,075 to ₦1,020
Dangote Petroleum Refinery has announced a further reduction in the cost of diesel from N1,075 to N1,020.80 per litre. Weeks...
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