Oil & gas

Train Commercial Divers For Maritime, Oil Sectors, Stakeholders Urge A’Ibom Govt

By Dianabasi Effiong Stakeholders in the oil and gas and blue economy sectors have called on the Akwa Ibom State Government to take deliberate steps to develop a pool of...

Oil prices drop after US, Iran pause fighting over weekend

Oil prices tumbled more than 5% on Monday after the U.S. and Iran paused strikes over the...

Shock as Fuel Price Drop in Nigeria After Dangote Refinery Move

Petrol prices have dropped across Nigeria after marketers reduced pump rates following Dangote Refinery’s cut in its petrol...

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...

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...
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Ramadan: Dangote refinery cuts ex-depot petrol price by ₦65

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦65 per litre,...

Why Bonny Light trades 8% higher in January

Nigeria’s crude grade, Bonny Light traded 8.3 per cent higher in January; statistics from the Organisation of the Petroleum Exporting Countries have shown. OPEC’s MOMR...

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...

Nobody will beat our petrol quality – Dangote

Alhaji Aliko Dangote says the petrol processed by Dangote Refinery will match the quality of the petrol sold in the US, and that they...

FG to inaugurate Nedogas 300 MMscfd Kwale gas facility

Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and Nigerian Content Development Management Board, NCDMB, Capacity Development Intervention Company, has...

60,000b/d Old PH Refinery fully operational – Facility manager

Ibrahim Onoja, the manager of Old Port Harcourt Refinery, has said that the facility is now fully operational. His claim came in the wake of allegations...
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