Oil & gas

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 by the Special Assistant on Communication and New Media to the...

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...

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...
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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...

Strike will not cause fuel scarcity – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has assured Nigerians that its proposed strike, scheduled for Monday, will not lead...

Why petrol scarcity will end Wednesday – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has promised to resolve the current petrol scarcity by Wednesday. Olufemi Soneye, its Chief Corporate Communications Officer, made...

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...

Leadership Newspapers got it wrong with mischievous report on Port Harcourt, Warri refineries

If there’s any organization in Nigeria that is a soft target for slothful critics, it’s most certainly the Nigeria National Petroleum Company Limited (NNPCL).

Shell Nigeria, partners paid $142m to NDDC in 2023

Lagos, May 30, 2024 – A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell...
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