Oil & Gas
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Fuel Import Battle: Dangote Refinery drags FG to court
•Dangote Refinery The Dangote Petroleum Refinery has taken the federal government to court over fresh fuel import licences issued to…
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Oil mafias tried to frustrate my $20bn Refinery – Dangote recounts
Nigerian billionaire businessman, Aliko Dangote, has maintained that some vested local and international interests— dubbed the “oil mafia”—employed aggressive economic,…
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BREAKING: Petrol hits ₦1,350 per litre as Dangote hikes price again
Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (petrol) to ₦1,350 per litre, up from ₦1,275. The…
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NNPC signs MoU with China to restart Port Harcourt, Warri Refineries
The Nigerian National Petroleum Company Limited has signed a fresh agreement with two Chinese firms in a move aimed at…
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Middle East Conflict: Oil prices fall as Iran proposes new talks with US
•Gas prices above $6 per gallon are displayed at Chevron station in Monterey Park, California The price of oil fell…
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Motorists hit hard as Dangote hikes petrol price again by ₦75 to ₦1,275 per litre
The Dangote Refinery has increased its ex-depot price of Premium Motor Spirit by N75 per litre, deepening concerns over a…
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Iran War Windfall: NNPC raises Nigerian crude prices
The Nigerian National Petroleum Company Limited has raised the official selling prices of all 37 Nigerian crude grades for May-loading…
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UAE dumps OPEC in shock exit amid Iran war tensions
United Arab Emirates (UAE) has revealed plans to withdraw from OPEC and OPEC+, citing a shift toward prioritising its national…
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Fuel crisis deepens, petrol may surge to N2,000 per litre — TUC raises alarm
•TUC President Festus Osifo The Trade Union of Nigeria (TUC), Thursday, raised the alarm that the price of Premium Motor…
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World Bank: Imported petrol now costs less than Dangote’s
The World Bank has disclosed that imported Premium Motor Spirit (PMS), otherwise called petrol, is currently cheaper than the one…
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