Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

President Bola Ahmed Tinubu has been urged to stop the huge importation of petroleum products into the country for the sake ...

Aliko Dangote is seeking to raise billions of dollars to step up crude oil supplies for his $20 billion oil refinery in Lagos ...

The Nigerian National Petroleum Company (NNPC) Limited says it has stopped importing refined petroleum products. Mele Kyari, Group Chief Executive Officer (GCEO) of the oil firm, said this at the 42nd ...

The Dangote Petroleum Refinery has offered to supply 60 million litres petrol to IPMAN weekly, which translates to 240 ...

The Nigerian National Petroleum Commission has explained why it could not deliver the much-awaited Port Harcourt Refinery Company ...

NNPC Limited and oil marketers imported 1.5 million metric tonnes (mts) of Premium Motor Spirit (PMS) or two billion litres ...

While most Nigerians agreed that fuel subsidy had to go, the attendant consequences which has made life unbearable for the ...

The NSCDC boss said that the seized vehicles and the petroleum product will be forfeited to the Federal Government.

A youth group within the ruling All Progressives Congress (APC) has commended the Nigerian National Petroleum Corporation ...

Data from the U.S. Energy Information Administration (“EIA”) indicates that U.S. gasoline inventories have unexpectedly dropped to their lowest levels in two years, driven by robust demand and tighter ...