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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HEDA sues FG, oil giants over alleged unlawful oil…

The Incorporated Trustees of HEDA Resource Centre has dragged Federal Government, multinational oil companies and Nigerian government agencies before the Federal High Court in...

Seplat, NNPC empower science teachers, inspectors in Edo, Delta

Benin, Nigeria - The Management of Seplat Energy JV, in collaboration with NNPC E&P Ltd., on Thursday graduated 327 Science, Technology, Engineering, Arts, and...

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.

I’ve come with one agenda, to increase oil production – Minister

Sen. Heineken Lokpobiri, Minister of State (Oil) Petroleum Resources, has assured Nigerians of increased oil production on a sustainable basis.

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...

Canada to collaborate with Nigeria on gas infrastructure development – Aduda

The Permanent Secretary, Ministry of Petroleum Resources, Mr Gabriel Aduda, says Canada has pledged to collaborate with Nigeria on developing a robust gas infrastructure network.
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