Oil & gas

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 investor interest of nearly $2 billion ahead of its official market...

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...

Dangote Refinery reduces petrol price to N1,200/litre

Dangote Refinery has rolled back its recent hike in fuel prices, reducing the ex-gantry cost of Premium Motor...

Oil prices may hit $200 as Trump targets Iran

Oil prices jumped and global markets fell after U.S. President Donald Trump said the United States might seize...
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Nigeria’s oil production fell 3 million barrels in November – OPEC Data

Nigeria suffered a setback in its effort to meet its Organization of Petroleum Exporting Countries (OPEC) crude oil quota in November, under-producing by as much as 3 million barrels in the whole of the month compared to October.

Dangote Refinery reduces petrol price to N1,200/litre

Dangote Refinery has rolled back its recent hike in fuel prices, reducing the ex-gantry cost of Premium Motor Spirit (PMS) by N75 to N1,200...

Army arrest 12 over alleged oil bunkering in Port Harcourt

The Nigerian Army says it has arrested 12 persons over alleged oil bunkering in Port Harcourt.

Fuel Shock: Dangote raises petrol price to ₦839.

The management of Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit (PMS). The refinery raised the wholesale...

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 of fresh conflict and sending oil...

How NNPC Ltd. uncovers 165 illegal refineries

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has uncovered 165 illegal refineries in various locations across the Niger Delta in a...
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