Category: Oil and Gas

Dangote Refinery plans 12.7% divestment amid loan concerns – Report

The Dangote Refinery plans to sell 12.7% stake of its ownership in an effort to...

Blackout looms as national grid collapses again

The national electricity grid witnessed a partial collapse on Monday throwing some parts of the...

Oil marketers lament high prices at depots amid fuel scarcity

Oil marketers in the nation, over the weekend, raised the alarm that the Depots and...

FG takes steps to resolve Dangote, NMDPR rift

The Federal Government has taken steps to resolve the disagreement between Dangote Refinery and the...

Crude oil peaks at $88 per barrel amid Israeli-Houthi conflict

Alex Omenye Nigerian crude oil prices edged closer to the $90 per barrel threshold amid...

Our refinery attracts international orders – Dangote

The Chairman and CEO of the Dangote Group, Aliko Dangote recently revealed that from the...

Nigeria produced 236m barrels of crude in H1 – NUPRC

Nigeria produced a total of 236,229,281 barrels of crude oil in the first half of...

No PMS price deal yet with Dangote refinery – Marketers

Oil marketers are anticipating the Dangote Petroleum Refinery’s release of Premium Motor Spirit, or petrol,...

Nigeria ready to become net fuel exporter by December – Kyari

The Group Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said...

Nigeria lost $1.84b fuel to theft in nine years – NEITI

The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Dr Ogbonnaya Orji, has revealed...

Dangote refinery: Why we reduced our stake to 7.2%, NNPCL reveals

The Nigerian National Petroleum Company Limited has explained why it has only a 7.2% stake...

Minister defends P’Harcourt refinery takeoff delay amid licensing

The Port Harcourt Refining Company is now going through numerous licensing processes following the supply...