Tag:Dangote refinery

Energy

NUPRC Seeks Unified West African Oil Market as Nigeria Boosts Production

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for an integrated West African crude oil market and harmonised regulations across the...

Akeem Adebayo - August 11, 2026

Energy

NUPRC Records 97.4% DCSO Performance in Q2

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded a 97.4 percent performance under the Domestic Crude Supply Obligation (DCSO) in the second...

Akeem Adebayo - August 10, 2026

Business

Dangote Backs Tinubu’s $1tn Economy Plan, Sets $100bn Target

Africa’s richest man, Aliko Dangote, has endorsed President Bola Ahmed Tinubu’s ambition to grow Nigeria into a $1 trillion economy, describing the target as...

Akeem Adebayo - July 30, 2026

news

Lokpobiri to Regulators: Deliver Investment-Friendly Policies or Lose Global Capital

Minister of State for Petroleum Resources, Heineken Lokpobiri, has challenged regulators in Nigeria's petroleum industry to create a transparent, predictable and investment-friendly environment or...

Akeem Adebayo - June 29, 2026

Energy

Petrol Prices Fall Below Expected Levels in Major Cities as Domestic Supply Strengthens – NMDPRA

Abuja, June 2026 — Actual retail prices of Premium Motor Spirit (PMS) in major Nigerian cities were lower than indicative pump prices in May...

Akeem Adebayo - June 19, 2026

Energy

Diesel Supply Surges 84% as Nigeria Records Strong Rise in Local Fuel Production

Abuja, June 2026 — Nigeria recorded a sharp improvement in petroleum product availability in May 2026, with Automotive Gas Oil (diesel) supply rising by...

Akeem Adebayo - June 19, 2026

Energy

Dangote Refinery Exceeds 100% Capacity, Drives Nigeria’s Fuel Supply

ABUJA — The Dangote Refinery operated above full capacity in May 2026, averaging 101.25 per cent utilisation, as it strengthened domestic fuel supply amid...

Akeem Adebayo - June 19, 2026

Energy

Nigeria targets Q3 2026 oil licensing round as Meren Energy deepens investment commitment”

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 2026 Oil Licensing Round will commence no later than the third quarter of 2026, following...

Akeem Adebayo - June 3, 2026

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