Nigeria Issues Upstream Executive Order, Prioritizing High Returns for Oil & Gas Operators
…The executive order introduces performance-based tax incentives for upstream operators Nigerian President Bola Ahmed Tinubu...
Oil & Gas
Naira Faces Pressure as OPEC+ Raises Output by 411,000 Barrels Daily
Samuel Mobolaji The naira may come under renewed pressure as the Organisation of the Petroleum...
Dangote Refinery Sustains U.S Crude Purchase with 5 million Barrels
Samuel Mobolaji To sustain refining operations, the Dangote oil refinery has placed an import...
Nigeria’s Crude Exports to U.S Hit Highest Level Since 2019
Crude oil exports from Nigeria to the United States have surged to their highest level...
OPEC Begins Work on 2027 Oil Output Baselines Amid Quota Disputes
Samuel Mobolaji The Organization of the Petroleum Exporting Countries (OPEC) has begun developing a new...
NNPCL Targets 1.9m Barrels of Crude Oil Production by Year-end 2025
Group Chief Executive Officer of NNPC Ltd, Bashir Bayo Ojulari, has told President Bola Tinubu...
FG Seeks Industry Unity to Hit 1.8m bpd OPEC Target
The federal government is urging oil companies operating in the country to collaborate to increase...
FG Bans Night Movement of Fuel Tankers Across Nigeria
In a move aimed at enhancing road safety and preventing accidents, the Federal Government has...
Again, Dangote Refinery Cuts Petrol Prices
In a move that promises some relief for Nigerian motorists, the Dangote Petroleum Refinery has...
Nigerian Crude Output Down 18.7% in First Four Months of 2025
Samuel Mobolaji Nigeria produced 200.08 million barrels of crude oil between January and April 2025,...
