Category : Search result: upstream petroleum


Gas explosion kills many in Ibadan

A tragic gas explosion in Ibadan's Bioku-Alaadun area has claimed multiple lives and damaged properties. Emergency services are on site. Learn more about the incident and crucial safety measures.

Dangote Denies Viral Bike Fuel Delivery Scheme

Dangote Petroleum Refinery has officially denied involvement in a viral fuel delivery video. The company clarifies it has no bike delivery service for individual consumers. Read full details.

Emadeb Records First Oil Production from Ibom Field

Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.

Nigeria's Oil Reforms Earn Regional Praise

West Africa think tank hails NUPRC's bold leadership in transforming Nigeria's oil sector through transparency and innovation. Learn how reforms boost investor confidence.

Nigeria loses $15bn annually to oil theft

Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.

Nigeria Sets December 1 for 2025 Oil Licensing Round

NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.

Dangote Fuel Price Cut Sparks Market Shake-up

Dangote Refinery's N59 price slash forces filling stations to reduce petrol rates. MRS, AP, Heyden stations adjust pumps as marketers halt imports. Discover how this affects Nigeria's energy sector.

Dangote Refinery Withdraws Lawsuit Against NMDPRA

In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.

FG Plans Refinery Sale to Boost Competition

The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.

BP Profit Surges to $2.7B as Oil Prices Soar

British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.

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