Dangote Receives More Crude From Equatorial Guinea To Sustain Operations
Dangote refinery has purchased its first cargo of Equatorial Guinea’s medium sweet Ceiba crude. Dangote,…
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Nigeria Begins Overhaul Of Decrepit National Grid To Induce Efficiency
Nigeria is driving a fresh initiative to improve efficiency of its electricity grid network that…
Dangote refinery loses N32bn after petrol price cut
The Dangote oil refinery will lose up to N32.5bn from 500 million litres stock of…
Marketers project N800/litre as imported petrol’s cost drops
The price war in the downstream oil sector intensified on Tuesday as major oil marketers…
Seplat initiates debt refinancing with $650m notes offering
Seplat Energy Plc has announced the launch of a $650m senior notes offering due in…
Global tariff war impacts Nigeria’s oil revenue target
The renewed trade war between the United States of America, USA, and some developed economies has put…
TotalEnergies projects N192bn revenue for Q2
TotalEnergies Marketing Nigeria Plc has projected a revenue of N191.61bn for the second quarter of…
NNPCL JV Reveals New Oil Find On OML 85
The Nigerian Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited…
NNPCL briefs MOFI on operations, investments
The Nigerian National Petroleum Company Limited (NNPCL) has provided the Ministry of Finance Incorporated (MOFI)…
Marketers worry as five-month fuel imports hit N6tn
Despite improved domestic refining capacity in Nigeria, major oil marketers have continued to import refined…