- Monday, June 08, 2026
BusinessDay
A sharp drop in oil prices to around $60 per barrel has cast a shadow over the record-breaking shareholder payouts...
Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel...
…Secures $375m Afreximbank financing to drive production Oando Plc, one of Nigeria’s indigenous energy groups, recorded a 267 percent rise...
Oando Plc, has announced a $550 million crude prepayment contribution to the Nigerian National Petroleum Company’s (NNPC) Project Gazelle. The...
Dangote, President of the Dangote Group, has announced that the price of petrol in Nigeria is currently 55 percent below...
….pledges nationwide rollout of 20 stations Shafa Energy, a key player in Nigeria’s sustainable energy sector, has officially...
Swiss-based oil trader Mocoh is undergoing a strategic overhaul as Nigeria’s massive Dangote refinery reshapes fuel supply dynamics across West...
…South Africa takes lead Nigeria, long known as Africa’s biggest importer of refined petroleum products, has ceded that position to...
In a major step forward for Nigeria’s energy transition and digital transformation, Dawcon Energy, an awardee of the Nigerian Gas...
PETROAN has urged the NNPC Limited to strictly following the proposed 30-day repair schedule for the old Port Harcourt refinery shutdown....
Musa Kida, newly appointed non-executive Chairman of the NNPCL, has asked Nigerians to give the board time to fix the oil sector. ...
Felix Ogbe, the executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), revealed that Nigeria now retains 56...
Despite rising global crude oil prices, Dangote Petroleum Refinery & Petrochemicals has announced that it has consistently reduced the price...
…Losses reach $345.9m Nigeria, Africa’s largest exporter of natural gas, flared 98.8 million standard cubic feet (scf) of natural gas...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down operations in Anambra state on June 12....
