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Dangote Reveals Over N600bn Worth of Petrol in Store, Eyes Expanded African Market
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Dangote Reveals Over N600bn Worth of Petrol in Store, Eyes Expanded African Market

February 24, 20250110
Dangote Reveals Over N600bn Worth of Petrol in Store, Eyes Expanded African Market

Aliko Dangote, President of Dangote Industries Limited, has disclosed that the Dangote Petroleum Refinery has amassed over N600 billion worth of petro

Read More
BusinessCrisisEconomyEnergyNews

Protest Looms in Akwaibom State as Oriental Energy Resources Limited Defies Local Content Law, Ignores CDHR Warnings

February 17, 20250138
Protest Looms in Akwaibom State as Oriental Energy Resources Limited Defies Local Content Law, Ignores CDHR Warnings

By Barnabas Esiet. A storm is brewing in Akwa Ibom State as the Committee for the Defence of Human Rights (CDHR) condemns Oriental Energy Resources

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BusinessEconomyEnergyNews

Dangote Refinery Slashes Diesel Price by N55 Per Litre

February 12, 2025076
Dangote Refinery Slashes Diesel Price by N55 Per Litre

In a move aimed at providing relief to manufacturers and consumers, Dangote Petroleum Refinery & Petrochemicals has reduced the price of its diese

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Energy Expert Urges President Tinubu to End Petrol Importation, Prioritize Local Refining

February 10, 20250130
Energy Expert Urges President Tinubu to End Petrol Importation, Prioritize Local Refining

A leading energy expert, Dan Kunle, has called on President Bola Tinubu to put an end to the petrol importation racket in Nigeria, emphasizing the nee

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Dangote Refinery Achieves Milestone, Exports Jet Fuel to Saudi Aramco

February 6, 2025069
Dangote Refinery Achieves Milestone, Exports Jet Fuel to Saudi Aramco

Dangote Petroleum Refinery has achieved a significant milestone by exporting two cargoes of jet fuel to Saudi Aramco, the world's largest oil producer

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Dangote Refinery Again Slashes Ex-Depot Petrol Price to N890 Per Litre

February 3, 2025063
Dangote Refinery Again Slashes Ex-Depot Petrol Price to N890 Per Litre

In a move aimed at providing economic relief to Nigerians, Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor

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BusinessEconomyEnergyNews

Oando Announces Impressive FY 2024 Results, Posts N65.5 Billion Profit-After-Tax

February 2, 2025083
Oando Announces Impressive FY 2024 Results, Posts N65.5 Billion Profit-After-Tax

Oando PLC, Africa's leading integrated energy company, has announced its Full Year (FY) 2024 results, showcasing a strong financial performance with a

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CDHR Threatens to Disrupt Oriental Resource Limited’s Operations Over Alleged Non-Compliance

January 30, 20250172
CDHR Threatens to Disrupt Oriental Resource Limited’s Operations Over Alleged Non-Compliance

By Haris Okon. The Committee for the Defence of Human Rights (CDHR) has issued a stern warning to Oriental Resource Limited, an indigenous oil comp

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NNPC’s Crude-for-Loan Obligations May Persist Till 2029 as Local Refineries’ Demand Rises

January 6, 2025084
NNPC’s Crude-for-Loan Obligations May Persist Till 2029 as Local Refineries’ Demand Rises

The Nigerian National Petroleum Company Limited (NNPCL) may continue to service its crude-for-loan obligations until 2029, as the demand for crude oil

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MRS Slashes Petrol Price to N935/Litre, Following Landmark Partnership with Dangote Refinery

December 24, 2024097
MRS Slashes Petrol Price to N935/Litre, Following Landmark Partnership with Dangote Refinery

In a move that has been hailed as a significant relief for Nigerians, MRS Oil Nigeria Plc has implemented a new petrol price of N935 per litre across

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