The suspension of the Federal Government’s naira-for-crude oil arrangement with Dangote Petroleum Refinery has sparked concerns over an imminent hike in fuel prices, prompting some filling...
Seplat Energy Plc has concluded its tender offer to repurchase $567.46 million worth of its outstanding 7.750 per cent senior notes due 2026, representing 87.3 per...
An attack on the Trans Niger Pipeline (TNP) has disrupted oil operations in Nigeria, threatening the country’s efforts to revive crude production and attract investment. The...
Dangote Petroleum Refinery has temporarily suspended the sale of its petroleum products in Naira, citing a significant disparity between its sales revenue in Naira and its...
The Federal High Court in Abuja has dismissed the Federal Competition and Consumer Protection Commission’s (FCCPC) request to be included in a lawsuit filed by Dangote...
The Nigerian National Petroleum Company Limited (NNPCL) has announced that reforms in the oil and gas sector, spurred by the Petroleum Industry Act (PIA) 2021 and...
A total of 74 Chinese firms have expressed their interest in investing in Nigeria’s oil and gas industry, forming part of a larger commitment from 216...