oil industry

BREAKING: Tensions Escalate as NUPENG Threatens to Resume Strike, Accuses Dangote Refinery of Backtracking on Deal
The recent peace agreement facilitated by the Ministry of Labour and Employment between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote...

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Politics Today
1 day ago24 hours ago

The recent peace agreement facilitated by the Ministry of Labour and Employment between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote Refinery appears to be under threat. NUPENG has accused Dangote Refinery of violating the terms agreed upon during the reconciliation meeting. In a public statement released on Thursday, September 11,...

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Petroleum Marketers Assert They Supply 68% of Nation’s Fuel, Challenge Dangote’s Capacity Claims
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s...

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Politics Today
2 days ago2 days ago

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s fuel demands amid the ongoing strike by petroleum tanker drivers. On Tuesday, Anthony Chiejina, a representative of the refinery, asserted that there was “no fuel shortage” and that refinery operations...

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NNPC Seeks $60 Billion Investment to Revolutionize Oil, Gas, and Refining Capacity – Ojulari Reveals Ambitious Growth Plan
NNPC’s Strategic Vision: A $60 Billion Capital Injection to Transform Nigeria’s Energy Landscape Bayo Ojulari, the current Managing Director of Nigeria National Petroleum Company Limited...

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Business Updates
2 weeks ago2 weeks ago

NNPC’s Strategic Vision: A $60 Billion Capital Injection to Transform Nigeria’s Energy Landscape Bayo Ojulari, the current Managing Director of Nigeria National Petroleum Company Limited (NNPC Ltd) and former Shell executive, has outlined an ambitious plan to revitalize Nigeria’s oil and gas sector. Central to this vision is a substantial investment of $60 billion aimed...

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NNPCL Teams Up with Private Refiners to Revive Struggling Refineries – Ojulari Reveals Bold Rescue Plan
NNPCL Embraces Private Partnerships to Revitalize Nigeria’s State-Owned Refineries The Nigerian National Petroleum Company Limited (NNPCL) has officially announced its intention to collaborate with private...

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Politics Today
2 weeks ago2 weeks ago

NNPCL Embraces Private Partnerships to Revitalize Nigeria’s State-Owned Refineries The Nigerian National Petroleum Company Limited (NNPCL) has officially announced its intention to collaborate with private refining firms as part of a strategic initiative to restore the country’s dormant state-owned refineries. This move signals a shift towards sustainable and commercially viable refinery operations after years of...

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NNPC Under Siege: Ojulari Sounds the Alarm on Ongoing Attacks
NNPC Ltd Faces Heightened Criticism Amidst Calls for Leadership Change Recently, the Nigerian National Petroleum Company Limited (NNPC Ltd) has been at the center of...

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Politics Today
2 weeks ago2 weeks ago

NNPC Ltd Faces Heightened Criticism Amidst Calls for Leadership Change Recently, the Nigerian National Petroleum Company Limited (NNPC Ltd) has been at the center of public controversy, as widespread protests have erupted demanding the ousting of Mr. Ojulari. Accusations of corruption and poor administrative practices have fueled these calls, intensifying pressure on the company’s leadership....

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Nigeria’s Oil Production Surges Nearly 10% in July, Reveals NUPRC
Significant Growth in Nigeria’s Oil Production Recorded in July According to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s...

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Politics Today
3 weeks ago3 weeks ago

Significant Growth in Nigeria’s Oil Production Recorded in July According to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s crude oil production surged by 9.9% in July 2025 compared to the previous month. This notable increase marks a promising turnaround for Nigeria’s oil sector, which has been grappling with...

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Ten Months, Ten Price Swings: Unveiling Petrol’s Rollercoaster Ride Since Dangote Refinery’s Grand Debut
launch over ten months” loading=”lazy” class=”pl” /> Analyzing Petrol Price Volatility Since the Launch of Dangote Refinery In September 2024, the Dangote Refinery made headlines...

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Opinion
3 weeks ago3 weeks ago

launch over ten months” loading=”lazy” class=”pl” /> Analyzing Petrol Price Volatility Since the Launch of Dangote Refinery In September 2024, the Dangote Refinery made headlines by entering the Nigerian petrol market as a direct supplier. This milestone sparked optimism across the country, with many anticipating more stable fuel prices and reduced dependency on imports. Fluctuating...

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Nigeria Aims for Ambitious 2.5 Million Barrels Daily Oil Output by 2026 – NUPRC
Nigeria Aims for 2.5 Million Barrels Per Day Oil Production by 2026, Confirms NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed the nation’s...

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Opinion
3 weeks ago3 weeks ago

Nigeria Aims for 2.5 Million Barrels Per Day Oil Production by 2026, Confirms NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed the nation’s commitment to reaching a crude oil production milestone of 2.5 million barrels per day by the year 2026. This ambitious goal aligns with Nigeria’s strategic plans to boost its oil...

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NUPRC Boosts Oil Sector Confidence by Using Cluster Development Strategy to Minimize Investment Risks
How NUPRC’s Cluster Development Approach is Transforming Oil Sector Investments The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has strategically implemented a cluster and nodal development...

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Opinion
3 weeks ago3 weeks ago

How NUPRC’s Cluster Development Approach is Transforming Oil Sector Investments The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has strategically implemented a cluster and nodal development framework aimed at minimizing investment risks within the oil industry. This innovative approach focuses on grouping oil fields and related infrastructure to optimize resource utilization and enhance operational efficiency. Reducing...

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