FG proposes 5% turnover fines for erring oil companies
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is proposing fines…
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Dangote, NUPRC differ over Q2 crude supply
The commission said the refinery had required 63 million barrels during the quarter, but producers…
Dangote Confident On Group’s Projected $100 Billion Revenue Target By 2030
Aliko Dangote, has expressed confidence of his company meeting estimated revenue growth in the next…
NMDPRA, NUPRC To Strengthen Domestic Crude Supply Chain As Nigeria’s Refining Capacity Hits 1.25 Million bpd
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has said it will enter into…
Rising fuel prices slash petrol, diesel, cooking gas demand
Rising pump prices forced Nigerian consumers to cut petrol, diesel and cooking gas consumption during…
Dangote eyes $5bn IPO to finance refinery expansion
Dangote Petroleum Refinery & Petrochemicals FZE is targeting about $5bn through an Initial Public Offering…
FG plans to end crude oil exports
The Federal Government is working towards ending crude oil exports as Nigeria expands its refining…
NNPC posts N535bn profit, remits N6.3tn to federation
Average crude oil and condensate production declined marginally to 1.72 million barrels per day in…
Aradel Posts ₦2.49tn H1 Revenue, Cuts Net Debt by 90%
Nigeria’s leading integrated indigenous energy company, Aradel Holdings Plc, has reported a strong unaudited financial…
NNPC deploys over 1,000 new employees
The Nigerian National Petroleum Company Limited has deployed over 1,000 young professionals into its workforce…