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Energy
Dangote Refinery Withdraws ₦100bn Lawsuit Against NNPC, Marketers Amid Industry…
Dangote Petroleum Refinery and Petrochemicals has abruptly withdrawn its ₦100 billion lawsuit against several key…
Replicate Naira-for-Crude Success Across Sectors, Says Dangote
Aliko Dangote has called on the Federal Government to expand the Naira-for-Crude policy beyond oil, hailing the…
Nigeria Becomes Net Importer of U.S. Crude Amid Dangote Refinery Surge
For the first time in history, Nigeria imported more crude oil from the United States than it exported, reversing…
Dangote Refinery Drives Record U.S. Crude Oil Exports to Nigeria
For the first time in history, the United States became a net exporter of crude oil to Nigeria in February and…
Dangote Refinery Imports 10 Million Barrels of Crude Monthly Amid High Costs,…
Aliko Dangote, President/CEO of Dangote Industries, revealed that the Dangote Refinery imports between 9 to 10…
Dangote Accuses Global Oil Traders of Sabotaging Africa’s Refinery Growth
Aliko Dangote, Africa’s richest man and President of Dangote Industries, has raised alarm over what he describes…
China Breaks Ground on World’s Largest Dam in Tibet, Raising Alarms in India and…
China has officially started construction on what will become the world’s largest hydropower dam, the Motuo…
US Imports $1.34 Billion Nigerian Crude Despite Tariffs, but Trade Surplus Turns…
Despite a wave of protectionist trade measures from the U.S., Nigeria remained America’s top African crude oil…
Dangote Warns Africa Is Becoming Dumping Ground for Substandard Fuel
Aliko Dangote, President of Dangote Industries Limited, has expressed grave concern over Africa's increasing…
Dangote Disputes Nigeria’s Petrol Consumption Figures, Cites Corruption in Subsidy…
A major dispute has emerged between Nigeria’s top industrialist Aliko Dangote and the Nigerian Midstream and…
Experts, Labour Back Dangote: Say NNPC Refineries May Never Work Again
Organized labour, petroleum marketers, and energy experts have supported Aliko Dangote’s assertion that Nigeria’s…
Nigeria Eyes 25% Hike in OPEC Oil Quota by 2027 Amid Refinery Expansion, Says NNPC
Nigeria is preparing to formally request a 25% increase in its oil production quota from the Organisation of…
Dangote Refinery Expands Fuel Export Reach to Southern Africa with Namibia…
The Dangote Petroleum Refinery is set to expand its export operations by constructing a fuel storage facility in…
Nigerian Crude Hits $72 Amid Red Sea Tensions, Dangote Pushes for 100% Local…
Nigerian crude oil prices surged past $72 per barrel on Tuesday, spurred by renewed geopolitical tensions…
Dangote Refinery Cuts Petrol Price Again to N820 per Litre Amid Market…
Dangote Refinery has further reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol,…
Naira Breaks Free from Oil Dependency as Currency Holds Steady Despite Price Slump
Nigeria’s naira is showing signs of resilience and stability, decoupling from its historical dependence on crude…
Dangote Refinery Targets 100% Nigerian Crude by Year-End in Energy Sector…
Dangote Industries Limited has announced plans to fully switch its massive 650,000 barrels-per-day refinery to use…
Petrol Prices Fall Below ₦900 as Dangote Refinery Slashes Rates Amid Global Oil…
Petrol pump prices in Nigeria have dropped below ₦900 per litre, following a ₦40 cut in ex-depot prices by the…
Marketers Resist Dangote’s Petrol Price Cut, Maintain High Pump Rates Despite…
Despite a recent reduction in the ex-depot petrol price by the Dangote Petroleum Refinery from N880 to N840 per…
Middle East Tensions Threaten Ghana’s Economic Stability – Terkper Warns
Seth Terkper, Economic Policy Advisor at the Office of the President, has issued a caution regarding the potential…
Dangote Refinery Slashes Petrol Price to N840 Amid Global Oil Drop, Plans…
Dangote Petroleum Refinery has announced a reduction in its ex-depot petrol price to N840 per litre, marking a N40…
Nigerian Crude Falls Below $70 as Global Oil Market Faces Oversupply Fears
Crude oil prices for Nigeria's main export grades—Bonny Light, Brass River, and Qua Iboe—have fallen below $70 a…
Iran-Israel Conflict Poses New Threats and Opportunities for Nigeria’s Fragile…
The escalating conflict between Israel and Iran is reshaping global economic dynamics, with ripple effects…
Marketers Expect Petrol Price Drop as Global Crude Oil Rates Fall
Petroleum marketers in Nigeria are anticipating a reduction in petrol pump prices following a notable drop in…
‘Dangote’s Investment Of N720bn On CNG Trucks To Save Nigerians N1.7trn’
Dangote Petroleum Refinery has invested over N720 billion in the deployment of 4,000 Compressed Natural Gas…
Petrol Prices Surge Past ₦950/Litre in Nigeria Amid Global Tensions, Naira Slide
Petrol prices across Nigeria climbed steeply on Monday, with pump prices in major cities like Abuja and Lagos now…
Nigeria Earns N70tn from Oil Exports Despite Weak Output and Sector Challenges
Nigeria has generated a substantial N70.1 trillion in oil export revenue over a 15-month period from January 2024…
Oil Prices Could Soar to $150 as Iran Approves Strait of Hormuz Closure Amid…
In a bold geopolitical move, Iran’s parliament has approved the closure of the Strait of Hormuz, a narrow but…
Dangote Refinery Set to Export First Petrol Cargo to Asia, Signaling Global…
The Dangote Petroleum Refinery, Africa’s largest oil refining facility, is preparing for its first gasoline export…
Senate Demands Explanation from NNPCL Over Missing N210 Trillion in Financial…
The Nigerian Senate has issued a one-week ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to…