Oil prices were up by more than $1 a barrel on Monday, rising for a fifth consecutive session on intensifying Middle East…
Category:
Oil and Gas
-
-
The Nigerian Air Force (NAF) says airstrikes by the air component of Operation Delta Safe have destroyed 13 illegal refining sites. In…
-
Oil and Gas
Dangote refinery still can’t secure full crude requirement from NNPC, Dangote cries out enforce PIA
The Management of Dangote Petroleum Refinery has insisted that it is not yet getting enough crude required for the effective optimisation of…
-
Tony Elumelu has nopened up and how said former President Muhammadu Buhari and deceased chief of staff Abba Kyari rejected his company’s…
-
Oil and Gas
OPEC says Dangote refinery’s diesel, jet fuel supplies to disrupt Europe’s oil & gas industry
The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on…
-
Oil and Gas
Africa Energy chambers accuses western banks of practicing “financial apartheid by withdrawal of support from Africa’s oil, gas sector
Africa Energy Chambers has accused western Financial institution of practicing “financial apartheid by withdrawing support for the continent’s oil and gas sector.…
-
Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo has described the Federal Government’s firm determination to develop the nation’s gas…
-
Oil prices rose 3% on Wednesday, bouncing back from multi-month lows, after data showed a bigger-than-expected draw in U.S. crude stockpiles, even…
-
Fitch Ratings has downgraded Dangote Industries Limited’s (DIL) credit rating to B+ and put it on ratings watch negative, citing concerns about…
-
Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, said it is working to ensure collaboration with industry regulators and stakeholders to attract businesses…
-
Nigeria’s oil output has been threatened as fire guts the Nigerian National Petroleum Company, NNPC, Akaso 4 facility in the Niger Delta.…
-
Oil prices climbed around $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up…
-
Chairman of the Federal Inland Revenue Service (FIRS), Zach Adedeji, announced that the federal government will reduce monthly spending on petrol imports…
-
Nigeria’s government gave approval for NNPC Ltd to sell crude directly to the Dangote refinery starting immediately, a cabinet member said just…
-
Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday. Three…