TotalEnergies has said it will continue to partner with Nigeria to develop key oil and gas assets to support the federal government’s revenue generation and community development. The managing directo...
The Dangote Refinery, Africa’s largest oil refinery, is reportedly considering increasing its crude oil imports from Angola and Algeria as discussions continue over the naira-for-crude arrangement wit...
The African Energy Chamber’s State of African Energy 2025 Outlook Report has projected capital expenditure of $43 on oil and gas projects in Africa in the current year. This highlights strong investme...
Major oil marketers in Nigeria have moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery. This development followed a revelation by marketer...
Nigeria’s leading indigenous energy group, Oando Plc, yesterday confirmed its selection as the preferred bidder for the 175,000 barrels per day Guaracara Refining Company Limited (GRC) refinery assets...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) yesterday warned against monopolies and unfair competition in the downstream oil sector amid price war in the petroleum in...
The Nigerian National Petroleum Company Limited has initiated fresh negotiations with the Dangote Petroleum Refinery over the renewal of the naira-for-crude agreement, as talks are underway in anticip...
The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day (bpd) refinery project being established by African Refinery ...
The decision, which took immediate effect, has sparked discussions about its implications for Nigeria’s energy sector and the broader economy. The naira-for-crude arrangement, introduced on October 1 ...
The latest data from the foreign trade statistics report of the National Bureau of Statistics showed that the cost of petrol imports rose by 105.3 per cent to N15.42tn in 2024 from the N7.51tn recorde...
