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Oil & Gas
Dangote Offers 10% Refinery Stake For $40bn Expansion Plan
Africa’s richest businessman, Aliko Dangote, is set to open up the Dangote Petroleum Refinery to investors through…
Oil Crisis May Push Global Economy Into Recession, IMF Warns
The International Monetary Fund has warned that rising global debt and persistent energy price shocks triggered by…
Oil Disruption Drives Japan To Expand Crude Purchases From Nigeria
Japan has increased its crude oil imports from Nigeria as refiners scramble to offset supply disruptions from the…
Oil Marketers Advocate Competitive PMS Imports To Curb Price Volatility
Nigeria’s oil marketers have called for the liberalisation of the downstream petroleum sector, urging regulators…
NNPC Revenue Rises To N2.68tn Despite Output Drop
The Nigerian National Petroleum Company Limitedhas announced a revenue collection of N2.68tn from its economic…
Oando Targets 300% Output Surge With $750m Drilling Expansion Plan
Oando Plc is planning to raise up to $750m to finance an ambitious drilling campaign aimed at boosting its oil…
NNPC Credits Integrated Security Model For Oil Output Surge
The Nigerian National Petroleum Company Limited (NNPC) has confirmed that national crude oil production has grown…
NNPC Ltd Launches Cawthorne Crude Into Global Market
…Exports 950,000 Barrels Cargo To Netherlands
The Nigerian National Petroleum Company (NNPC) Limited, has…
NUPRC Halts Exploration Fund Deduction, Oil Output Hits 1.84 Million
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has commended the Nigerian…
BREAKING: Nigerians Face Fresh Economic Pressure As FG Raises Gas Price
…New $2.18 Per MMBtu Price Template Takes Effect April 1
Nigerians may face fresh economic pressure…