Nigerians Confirm N739 Fuel Price at MRS Stations
Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.
Category : Oil Gas
NOSDRA Pledges Yorla Well 14 Spill Site Restoration
NOSDRA leads federal delegation to Ogoniland, pledging full environmental restoration after Yorla Well 14 oil spill. Officials warn against future incidents and call for community cooperation.
Dangote Refinery Slashes Petrol Price by N200 in 2025
Dangote Petroleum Refinery closed 2025 with a dramatic N200.50 per litre price cut, reshaping Nigeria's fuel market. Learn how local refining is driving down costs and pressuring importers.
NNPC's Oleum Promo Returns: Win Up to ₦100 Million
NNPC Retail relaunches its Oleum Scratch & Win promo with bigger prizes, including ₦100 million cash, cars, and generators. Learn how to participate from Dec 20, 2025, to March 31, 2026.
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PENGASSAN laments high cost of living, urges salary review
PENGASSAN President Festus Osifo warns of a massive brain drain in Nigeria's oil sector due to devaluation and stagnant wages. The union demands urgent salary reviews and criticizes economic policies.
Nigeria Suspends 15% Fuel Import Duty Amid Backlash
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
Tinubu hails Ogoni peace pact ahead of oil resumption
President Tinubu commends Ogoni peace efforts for oil revival, but activists demand justice and environmental cleanup first. Read the full story on the tensions and government plans.
Dangote Sells Fuel at N739 via MRS Stations
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
PETROAN: N58.18tr 2026 Budget Achievable with 1.84mbpd
PETROAN endorses Nigeria's 2026 budget, citing realistic oil targets. It urges transparent privatisation of state refineries by Q1 2026 and highlights security, host communities, and regulatory funding as key to success.
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Indigenous Firms Control 50% of Nigeria's Oil, Gas Output
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Nigeria's Oil Sector: PIA Fails, Distrust Deepens
Despite the Petroleum Industry Act, Nigeria's oil sector remains mired in opacity. NEITI recovers billions, but Dangote Refinery clashes with NMDPRA, exposing deep-seated governance failures. Read the full analysis.
Reps Enforce PIA to Protect Oil-Producing Communities
The House of Representatives Committee on Host Communities commits to enforcing the Petroleum Industry Act, ensuring oil-producing areas get their full benefits. Read about the new oversight and funding model.
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
Africa's Fuel Import 'Slavery' Persists Despite New Refineries
Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy
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PINL Gives Free Medical Care, Palliatives to 800 in Niger Delta
PINL security firm provides free medical outreach and palliatives to over 800 persons in Bayelsa host communities. The initiative aims to secure pipelines and mitigate flooding impacts. Read more.
Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Civil Society Rates NNPC Boss High on Performance
A coalition of civil society groups has commended NNPC GCEO Engr. Bashir Bayo Ojulari for transformative leadership, citing record profits and increased oil production. Read the full appraisal here.
Senate Confirms New CEOs for Petroleum Agencies
The Nigerian Senate has confirmed Saidu Mohammed and Oritsemeyiwa Eyesan as CEOs of NMDPRA and NUPRC. Read about their confirmation process and the expectations for Nigeria's oil sector.
IPMAN Backs Dangote Refinery's New Petrol Price
Nigerian fuel marketers align with Dangote Refinery's new pricing, promising stable supply and lower costs. Free delivery to start in January 2026.
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Civil Society Commends NNPC's Ojulari for Oil Sector Turnaround
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
Senate Confirms New NMDPRA, NUPRC CEOs After Resignations
The Senate has confirmed new heads for Nigeria's oil regulatory bodies following the resignations of Farouk Ahmed and Gbenga Komolafe amid serious corruption allegations from Aliko Dangote. Read the full details of the scandal and swift political response
PANDEF Endorses Tinubu's Oil Sector Reforms
The Pan-Niger Delta Forum has endorsed President Tinubu's oil and gas reforms, praising key appointments but calling for greater inclusion of local professionals and expanded environmental cleanup. Read more.
Senators Celebrate Exit of Petroleum Regulators, Demand Change
Senators Adams Oshiomhole and David Jimkuta hailed the removal of Farouk Ahmed and Gbenga Komolafe, criticizing policies that hurt local refining. Read their demands for the new nominees.
Tinubu Nominates Oritsemeyiwa Eyesan as NUPRC CEO
President Bola Tinubu nominates Oritsemeyiwa Eyesan, an NNPC veteran with 33 years of experience, as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Discover her career journey and strategic impact on Nigeria's oi
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Venezuela Faces Deep Crisis as US Tightens Oil Blockade
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
Man Confirms Dangote's N739 Fuel Price, Posts Receipt
A Nigerian man visited an MRS filling station in Victoria Island to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.
Farouk Ahmed Resigns as NMDPRA Boss, Tinubu Nominates Successor
President Tinubu nominates new NMDPRA CEO after Farouk Ahmed's resignation amid Dangote's allegations. Get the full details on the leadership shake-up in Nigeria's oil sector.
Saidu Aliyu Mohammed Appointed NMDPRA CEO by Tinubu
President Tinubu appoints Engr. Saidu Aliyu Mohammed as new NMDPRA CEO following Farouq Ahmed's resignation. Learn about his 37-year career in oil & gas.
Man Confirms Dangote's N739 Fuel Price, Posts Receipt
A Nigerian man visited an MRS station in Lagos to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.
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Ngozi Ekeoma on Leadership, Integrity, and Nepal Energies' Success
Barrister Ngozi Ekeoma, Group MD of Nepal Energies, shares her journey, the role of integrity in business, and her vision for Nigeria's energy sector. Discover how her leadership created over 2000 jobs.
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