Oil & gas

Africa’s largest Bank backs Dangote refinery IPO

Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum...

Why Nigeria, UAE’s non-oil trade hit $5bn in 2025

Non-oil trade between Nigeria and the United Arab Emirates (UAE) increased to $5 billion in 2025. A statement signed...

Dangote Refinery IPO Set for September as Demand Hits $2bn

Aliko Dangote has confirmed that the Dangote Refinery Initial Public Offering (IPO) will launch in September after attracting...

Dangote Refinery files suit against FG, NNPCL, Oil marketers

Dangote Petroleum Refinery has moved to halt the continued importation of petrol into the country through a...

Why Oil prices surge as Trump rejects Iran peace terms

US President Donald Trump branded Iran’s terms for ending the Middle East war “totally unacceptable”, raising the possibility...
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IPMAN, Anambra disagree over signage advisement fee 

By Emmanuel NdukubaAwka, May 22, 2024 - The Independent Petroleum Marketers Association of Nigeria (IPMAN), has raised concern over the decision of the Anambra...

NNPC increases petrol prices to between N855-N897 per litre…

The Nigerian National Petroleum Company Limited has raised the price of Premium Motor Spirit (PMS) from its former prices of between N568-N617 per litre...

NNPCL blames market forces for new increase of petrol price

Mele Kyari, the Group Chief Executive Officer (GCEO) of the NNPCL, has blamed market forces for the new hile in price of petrol.

Nigeria-Saudi Oil Pact: A triumph for technological progress – FG

The Federal Government has signed a Memorandum of Understanding (MoU) with Saudi Arabia to establish a robust framework for collaboration between the two nations in the oil and gas sector.

HEDA demands transparency in $16.6bn oil and gas investments

Lagos, May 26, 2024 - The Human and Environmental Development Agenda (HEDA Resource Centre) has expressed concern regarding the notable lack of transparency and...

HEDA, stakeholders call for transparency, accountability in oil field…

Stakeholders at the public presentation of a book on marginal fields allocation in Lagos, called for openness, transparency and accountability in the process. The book...
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