The National Bureau of Statistics has disclosed that the price of diesel in July 2025 increased again, indicating that companies are spending more on power.
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GAIL Refinery takes shape: New 450,000-barrel plant to disrupt Nigeria’s petroleum landscape
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Meet Nigeria’s top 10 petroleum depot owners giving Dangote Refinery a run for its money
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Dangote Refinery surges to 610,000 barrels per day, poised to reshape Africa’s oil market
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Nigeria launches solar cooking programme for 4 million households to fight pollution, poverty
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FG launches facilities to get cheaper fuel as Dangote, other depots change price
Energy Latest News
Depot owners speak as Dangote unleashes 4,000 fuel trucks nationwide, begins distribution bonanza
Depot owners and Dangote marketers have expressed fears over plans by Dangote Refinery to begin nationwide fuel distribution by unleashing 4,000 trucks.
PETROAN raises alarm over Dangote refinery’s fuel distribution plans, lists negative impact
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has reacted to the fuel distribution plans by Dangote Petroleum Refinery.
Dangote, more depot owners increase petrol prices amid jump in crude oil costs
Petrol and diesel prices have spiked across depots nationwide in response to rising crude oil prices caused by the Middle East tension, with Dangote raising costs.
Good, bad news as Nigeria’s oil grades near $80 on Israel/Iran conflict
Hostility between Israel and Iran is driving up crude oil prices, and Nigeria, as an oil-producing country, will have to face both the positive and negative effects.
Fuel scarcity looms as IPMAN, NARTO reject N12,500 truck levy on Lekki-Epe corridor
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and transport unions under NARTO have rejected the N12,500 E-Call Up levy on trucks.
N1,000 per litre: Experts predict new fuel prices in Nigeria as crude oil hits $76 per barrel
Crude oil prices have surged in the global market amid Israeli airstrikes on Iran's nuclear sites, with Brent selling for $76.12, and WTI at $74.69 per barrel.
FG activates policy to reclaim 15 oil wells from operators, reasons emerge
The federal government has long announced the drill or drop policy months ago and has sent several reminders. Now, about 40 operators are set to lose their assets.
Dangote, another depot owner reduce petrol price as petrol landing cost drops
Dangote Refinery and another depot owner have adjusted their petrol prices despite the Democracy Day public holiday, but there is no relief for Nigerians yet.
Top 10 functional refineries in Nigeria and their capacity in 2025
The Nigerian refining sector has undergone dramatic improvement, with several refineries commencing operations, led by the giant Dangote Refinery.
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