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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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 fresh lawsuit challenging fuel import licences...

Oil Prices Drop on Trump’s First Day in Office

On his first day in office, US President Donald Trump signed an executive order to withdraw from the Paris Climate Agreement and instructed the...

NNPCL warns Nigerians, foreign investors to beware of fraudsters

The Nigerian National Petroleum Company Limited, NNPCL, has issued a fresh disclaimer, urging the public to beware of individuals and companies falsely claiming to...

NNPCL, First E&P achieve 20,000bpd production at OML 85

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First...

Russia bans gasoline exports for 6 months from March

MOSCOW, Feb. 27, 2024 (Reuters) - Russia on Tuesday ordered a six-month ban on gasoline exports from March 1 to keep prices stable amid...

MSGBC Oil, Gas & Power 2025 to discuss clean energy and industrial development

DAKAR, Senegal, December 4, 2025/ -- Mauritania has advanced its clean energy agenda with the August 2025 unveiling of a 160 MW solar plant,...
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