8 h. ago Oil production shortfall stifling Nigeria’s refining capacity

From Adewale Sanyaolu, Houston Texas The Petroleum Technology Association of Nigeria (PETAN) has lamented the country’s dwindling crude oil output, describing it as a major obstacle to unlocking Nigeria’s full refining capacity and achieving energy self-sufficiency. Chairman of PETAN, Mr. Wole Ogunsanya, stated this during an interview session with journalists on the sidelines of the […] The post Oil production shortfall stifling Nigeria’s refining capacity -PETAN appeared first on The Sun Nigeria.

Politics

12 h. ago Army Busts Illegal Bunkering Sites, Recover 591,000 Litres Of Stolen Crude Oil In Niger Delta

Troops of the 6 Division, Nigerian Army, have successfully dismantled 21 illegal refining sites, arrested 36 suspected oil thieves and confiscated over 591,000 litres of stolen products across the Niger Delta. The operation, which was conducted between April 28 and May 11, 2025, was carried out in operational synergy with other security agencies. The Acting […]

Politics

49 h. ago NNPC, Dangote To Promote Healthy Competition For National Prosperity

As part of ongoing efforts to promote mutually beneficial partnerships and foster healthy competition, the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Petroleum Refinery & Petrochemicals (DPRP) have pledged to deepen collaboration aimed at ensuring Nigeria’s energy security and advancing shared prosperity for Nigerians. This commitment was made during a courtesy visit by the […]

Politics

7 d. ago Petrol’s delicate dance: Lessons for Nigeria from global refining nations

The United States is a contradiction when it comes to petrol. On paper, it pumps out more crude than any read more Petrol’s delicate dance: Lessons for Nigeria from global refining nations

Politics

8 d. ago EFCC Launches Probe Into NNPCL Over Alleged $2.96bn Refinery Fraud

The Economic and Financial Crimes Commission (EFCC) has begun probing several former officials of the Nigerian National Petroleum Company Limited (NNPCL), including ex-managing directors of the Port Harcourt, Warri, and Kaduna refineries. The investigation concerns the alleged diversion of about $2.96 billion meant for refinery repairs. A senior EFCC source confirmed on Saturday, “The investigation […] The post EFCC Launches Probe Into NNPCL Over Alleged $2.96bn Refinery Fraud appeared first on Information Nigeria.

Politics

9 d. ago N80bn Discovered In Sacked Refinery MD’s Accounts Amid $2.96bn Probe

The Economic and Financial Crimes Commission (EFCC) has uncovered a staggering N80 billion in multiple bank accounts belonging to one of the recently sacked managing directors of the Nigerian National Petroleum Corporation Limited (NNPCL) refineries. The discovery was part of an ongoing investigation into the alleged misappropriation of $2.96 billion for refinery rehabilitation. LEADERSHIP recalls […]

Politics

1 week ago Domestic crude sales – Key to unlocking Nigeria’s oil wealth

The recent handling of Nigeria’s naira-for-crude oil sales to local refineries has brought long-standing gaps in the nation’s economic planning read more Domestic crude sales – Key to unlocking Nigeria’s oil wealth

Politics

1 week ago Construction of 10,000 barrels per day capacity modular refinery commences in Abia

State flags off wet season rice farming From Okey Sampson, Umuahia Work for the construction of a 10,000 barrels per day capacity modular refinery at the Abia Industrial and Innovative Park (AIIP), located at Owaza in the Ukwa West Local Government Area of the State will commence fully in the month of May. This is […] The post Construction of 10,000 barrels per day capacity modular refinery commences in Abia appeared first on The Sun Nigeria.

Politics

1 week ago Navy Arrests Illegal Bunkerers, Confiscates Boat Laden With Refined AGO

The Nigerian Navy Forward Operating Base (NNFOB) Bonny has arrested suspected illegal bunkerers and confiscated a wooden boat laden with products suspected to be illegally refined automotive gas oil (AGO) at Oputumbi community in Bonny local government area of Rivers State. The Base Operations Officer of the Forward Operating Base, Bonny, Lt. Cdr. Siraj Almustapha, […]

Events

1 week ago Niger Delta: Troops arrest 23 oil thieves, recover 180,000 litres of stolen products

From Tony John, Port Harcourt Troops of the Nigerian Army’s 6 Division have intensified their crackdown on oil theft in the Niger Delta region. Between April 21 and 27, they arrested 23 suspected oil thieves and deactivated 13 illegal refineries, recovering over 180,000 litres of stolen petroleum products. Lieutenant Colonel Danjuma Jonah Danjuma, Acting Deputy […] The post Niger Delta: Troops arrest 23 oil thieves, recover 180,000 litres of stolen products appeared first on The Sun Nigeria.

Politics

2 w. ago Local production of oil pipelines ‘ll complement foreign importation – FG

The Federal Government has vowed to continue to encourage the development and sustainability of oil and gas local content production. The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Thursday during the launch of Monarch Alloys 33LPE and concrete weight coating facility in the Ikorodu area of Lagos State. According to Lokpobiri, the […] The post Local production of oil pipelines ‘ll complement foreign importation – FG appeared first on The Sun Nigeria.

Politics

2 w. ago Navy Dismantles Illegal Refineries, Apprehends Six In Bayelsa, Delta, Anambra

Troops of the Nigerian Navy’s Operation Delta Sanity and its units have arrested six suspected crude oil thieves during a series of coordinated operations carried out from April 20 to April 22. The Director of Naval Information, Commodore Aiwuyor Adams-Aliu, made this announcement on Thursday in Abuja. Adams-Aliu stated that on Sunday, the Nigerian Navy […] The post Navy Dismantles Illegal Refineries, Apprehends Six In Bayelsa, Delta, Anambra appeared first on Information Nigeria.

Politics

2 w. ago Asian, Mediterranean Refiners Major Beneficiaries Of Nigerian Crude Shipments In April

Asian and Mediterranean nations emerged as the leading destinations for Nigerian crude oil exported by International Oil Companies (IOCs) as well as the Nigerian National Petroleum Company Limited (NNPCL) in April. This is as local refiners voiced frustration over their continued exclusion from the country’s oil trade and criticised regulators for a lack of transparency. […]

Politics

2 w. ago Local Refining Surge To Make Nigeria Net Petroleum Exporter By 2027– PETROAN

Nigeria is on track to become a net petroleum exporter within two years, driven by a surge in local refining capacity, according to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). This projection follows the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) milestone of licensing 83 refineries, with a combined total refining […]

Politics

2 w. ago IOCs Bypass Direct Crude Oil Supply To Dangote Refinery, Others

International Oil Companies (IOCs) operating in Nigeria have continued to bypass direct crude oil supply to local refineries, even as the nation grapples with an estimated 60 million barrels of stranded crude oil on the high seas. This persistent disconnect was compounding Nigeria’s struggle to ramp up domestic refining capacity and maximise oil revenues. LEADERSHIP […]

Politics

2 w. ago Building Nigeria’s energy future depends on fair play and not monopoly

Nigeria stands at a crossroads. The recent rise of the Dangote refinery, a $20 billion marvel of engineering capable of read more Building Nigeria’s energy future depends on fair play and not monopoly

Politics

3 w. ago Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs

From Okwe Obi, Abuja   The Situation Room on Transparency and Accountability, has urged President Bola Tinubu, to probe the US$1.5 billion budgeted for repair of the Port Harcourt refinery. Convener of the group, Michael Omoba, in a statement yesterday, also demanded forensic audit of the financial transactions of the Nigeria National Petroleum Corporation Limited […] The post Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs appeared first on The Sun Nigeria.

Politics

3 w. ago NSCDC Uncovers Five Illegal Oil Dumps, Arrests Seven In Abuja

The Nigeria Security and Civil Defence Corps has uncovered five illicit crude oil dumps in the Jahi/Katampe area of Abuja. This was revealed in a statement issued on Thursday in Abuja by the NSCDC Spokesperson, Afolabi Babawale. Seven people connected to the illicit production and distribution of crude oil were also confirmed to have been […] The post NSCDC Uncovers Five Illegal Oil Dumps, Arrests Seven In Abuja appeared first on Information Nigeria.

Events

3 w. ago NNPC Ltd unveils $60bn investment target, 2m bpd oil production

From Adewale Sanyaolu The Nigerian National Petroleum Company (NNPC) Limited has announced ambitious goals to attract $60 billion in sectoral investment and achieve a daily crude oil production of two million barrels per day (bpd). Group Chief Executive Officer Bayo Ojulari shared these targets at a townhall meeting held at NNPC Towers in Abuja on […] The post NNPC Ltd unveils $60bn investment target, 2m bpd oil production appeared first on The Sun Nigeria.

Politics

3 w. ago NSCDC uncovers five illegal crude oil dumps in Abuja, arrests seven

The Nigeria Security and Civil Defence Corps has uncovered five illegal crude oil dumps in the Jahi/Katampe axis of Abuja. This is contained in a statement issued by the NSCDC Spokesperson, Afolabi Babawale, on Thursday in Abuja. The corps also confirmed the arrest of seven suspects linked to the illegal crude oil production and distribution. Read More

Events