Dangote Refinery Denies Importation of Finished PMS into Nigeria
Dangote Petroleum Refinery has firmly denied reports suggesting it imports finished Premium Motor Spirit (PMS) into Nigeria, describing the claims…
Real Time Financial News Website
Dangote Petroleum Refinery has firmly denied reports suggesting it imports finished Premium Motor Spirit (PMS) into Nigeria, describing the claims…
Nigeria may need as much as $22 billion in new investments to develop critical gas pipeline infrastructure under the Nigerian…
Nigeria’s state-owned refineries have struggled for decades because successive managers prioritized financing and engineering contracts over the actual running of…
The Federal Government (FG) has renewed its focus on strengthening Nigeria’s gas-to-power sector as part of a broader strategy to…
Petrol prices have dropped across parts of the Lagos–Ibadan Expressway as filling stations intensify competition to retain customers, offering lower…
As Nigeria observes Gas Day at NIES 2026, energy regulators and government officials are calling for decisive action to turn…
Kenya is making a bold push to rejuvenate its upstream oil and gas sector in 2026, aiming to attract fresh…
A consortium of Nigerian downstream oil marketers has formally petitioned the Federal Competition and Consumer Protection Commission (FCCPC), urging the…
Ghana is exploring ways to secure a more affordable fuel supply from Nigeria, leveraging the country’s growing position as a…
Dangote Petroleum Refinery has warned that continued dependence on coastal logistics for fuel distribution could drive petrol pump prices as…
Nigeria is making significant strides in reducing its dependence on imported petroleum products, thanks to sweeping reforms in the downstream…
Sahara Group has once again underscored its dedication to Africa’s energy future at the 2026 Nigeria International Energy Summit (NIES)…
Aradel Holdings has announced a record-breaking profit of N401 billion for 2025, marking a 54.9% increase from the previous year.…
Nigeria’s transition to renewable energy is gaining momentum, but experts warn that the country’s clean energy ambitions could be at…
For the first time in seven decades, Nigerian indigenous oil companies have overtaken international giants in national oil production, now…
Nigeria’s long-troubled state-owned refineries may be heading for a fresh start as the Nigerian National Petroleum Company Limited (NNPC) opens…
Africa is set for a major boost in oil and gas investment as the newly established African Energy Bank (AEB)…
Nigeria is positioning itself as a key driver of Africa’s economic and industrial future by leveraging its abundant gas resources.…
President Bola Tinubu has hailed recent reforms in Nigeria’s oil and gas sector as transformative, saying they have ended years…
Newly released FBI documents reveal that Jeffrey Epstein, the disgraced financier, explored a business deal to trade Nigerian crude oil…
President Bola Tinubu has reaffirmed Nigeria’s commitment to working with African countries, global allies, and the private sector to deliver…
Nigeria recorded a major turnaround in its oil and gas sector in 2025, securing $18.2bn in fresh investments following the…
Independent petrol marketers in Nigeria have cautioned that motorists may soon face an era of irregular or “epileptic” petrol supply.…
Three key subsidiaries of Dangote Industries Limited—Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc—have expanded their Gas Sales…
Nigeria’s oil revenue experienced a dramatic decline in 2025 as the Nigerian National Petroleum Company (NNPC) delivered only N604.61 billion…
Local oil refiners in Nigeria continue to grapple with persistent crude shortages, even as the country exported an estimated 306…
Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that local companies currently do not have the capacity…
Regulatory inconsistencies across African countries are threatening to scare off energy investors, the Chief Executive of the Nigerian Upstream Petroleum…
Nigeria’s Egina deepwater and Ikike shallow-water oil projects have emerged as strong evidence that Nigerian engineers, contractors, and service providers…
Nigeria’s oil exports will decline sharply in February as production from the Bonga Floating Production Storage and Offloading (FPSO) facility…