Akwa Ibom State Governor, Umo Eno has reaffirmed that the 76 oil wells which have been a subject of renewed contention rightly belong to the state as decided by the Supreme Court in two separate judgements. NATIONAL ACCORD reports his remarks followed fresh agitation by the Cross River State...
Crude oil
The Group Chief Executive Officer, NNPC Ltd, Engr. Bashir Bayo Ojulari, has disclosed that the company is currently in talks with partners with proven track record of refining and petrochemical operations in order to build sustainable, self-financing, and profitable solutions for its refineries. This was disclosed in a statement...
I am writing this piece from Indianapolis, Indiana, USA where I spent a white Christmas resting away from my extremely tight schedule back home in Nigeria. I needed the rest after two years without vacation. But the below 46`F average daily weather proves a little tough for me to...
Move by the Federal Government to revisit the dispute over oil wells between Akwa Ibom and Cross River States has sparked fears and apprehension as the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) announced plans to begin the “plotting of coordinates of the disputed and newly drilled oil and...
Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well located in the shallow offshore western Niger Delta. Chief Corporate Communications Officer, NNPC Ltd, Andy Odeh, gave the...
Nigerian National Petroleum Company (NNPC) Limited has announced the full restoration of the Escravos–Lagos Pipeline System (ELPS) following an explosion that disrupted operations earlier this month in Warri, Delta State. The company in a statement issued on Tuesday by the Chief Corporate Communications Officer of NNPC Limited, Andy Odeh,...
On December 1st, 2025, NNPC E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Limited, achieved a record production level of 355,000 barrels of oil per day, its highest daily output since 1989. The milestone marks a significant step forward for Nigeria’s upstream sector and reflects the company’s ongoing...
In a sustained effort aimed at consolidating on the operational successes recorded, troops of 6 Division have sustained the crackdown against oil thieves across the Niger Delta Region (NDR). In the latest operations conducted with other security agencies between 10 and 23 November 2025, several illegal refining sites were...
House of Representatives has laid down a firm ultimatum in its ongoing investigation into the Naira-for-Crude Oil Policy, giving all involved stakeholders seven days—until Nov. 27—to submit their outstanding documents. The directive came from the Chairman of the Ad hoc Committee on Implementation and Oversight of the policy, Rep....
Bloggers and Vloggers, Content Creators Association of Nigeria (BAVCCA) and the Coalition of Civil Society Organisations in Nigeria (COCSON)—have issued a stern seven-day ultimatum to what they described as “economic saboteurs” undermining the Dangote Refinery and Nigeria’s energy independence. Speaking at a joint press conference in Abuja on Tuesday,...
The House of Representatives has launched an investigation into allegations that several oil companies have failed to remit the required three per cent of their annual operating expenditure to the Host Communities Development Trust Fund (HCDTF), as mandated by law. This followed the adoption of a motion sponsored by...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially opened its 2025 oil licensing round, set to begin on December 1, 2025. The announcement was made by NUPRC Chief Executive, Mr. Gbenga Komolafe, during the Project One Million Barrels Per Day (1MMBOPD) Additional Production Investment Forum held in London on...
Nigeria Police Force (NPF) has secured the conviction of one Mr. David Udensik, also known as Dr. Jacob Bello, for his role in a transnational oil-related fraud scheme amounting to over One Million United States Dollars (USD $1,000,000). The conviction followed a petition by a United States–based energy company,...
By EZEKIEL OBI, Abuja- President of the Bloggers and Vloggers, Content Creators Association in Nigeria (BAVCCA), Mr. Ikechukwu Chukwunyere, has described the Dangote Refinery as a “national asset that every Nigerian must protect, nurture, and defend against any form of sabotage or doubt.” He made this declaration on Wednesday...
Executive Vice President of Downstream at NNPC Limited, Dr. Mumuni Dagazau, says Nigeria’s downstream oil and gas sector is experiencing a major transformation powered by deregulation, foreign exchange reforms, and stronger industry collaborations. Speaking in Lagos on Monday at the 19th Africa Downstream Energy Week, themed “Energy Sustainability: Growth...
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, says the Federal Government will fully support Dangote Refinery in achieving its 1.4 million barrels-per-day refined products target. Lokpobiri said this on Monday in Lagos during his welcome address at the 19th Africa Downstream Energy Week. The theme of the...
By PAUL EJIME – Dangote Industries Limited (DIL) is targeting an annual revenue of US$55 billion from the Dangote Petroleum Refinery, which is expected to expand production from 650,000 barrels per day (bpd) to 1.4 million bpd, as the world’s largest, Aliko Dangote, Africa’s richest man and President of DIL, has projected....
Africa’s biggest oil refinery, the Dangote Petroleum Refinery, is gearing up for a monumental upgrade that will nearly double its daily production capacity — from 650,000 barrels per day (BPD) to a staggering 1.4 million BPD within the next three years. When the expansion is complete, the facility will...
House of Representatives has set up an ad hoc committee to investigate claims that Nigeria failed to repatriate about $850 billion in oil and non-oil export proceeds between 1996 and 2014. Chairman of the committee, Rep. Seyi Sowunmi (LP–Lagos), disclosed this on Wednesday in Abuja during the official inauguration...
President Bola Ahmed Tinubu has welcomed the news of Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the shallow offshore HI Field, in OML 144. A statement issued by the presidential spokesman, Bayo Onanuga, said the new Non-Associated Gas (NAG) development project will deliver...