Oando Plc will at its 46th Annual General Meeting (AGM) on August 11 seek shareholders authorisation to raise additional capital of up to N500 billion or its foreign currency... Continue

Africa is increasingly becoming a destination for cheap, often toxic petroleum products — many of which are blended to substandard levels that would not be permitted in Europe or... Continue

GRACE ORIFE  Nigeria’s oil and gas sector stands at a strategic inflection point and the country’s marginal fields are vital for growth and sustaining upstream activity. These smaller, often... Continue

A Federal Capital Territory (FCT) High Court, in Abuja, has nullified the arbitration proceedings at the International Chamber of Commerce (ICC), London, instituted against indigenous energy giant, Aiteo Eastern... Continue

Dangote Refinery has again within a week interval reduced its ex-depot the price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 per litre to N820 per... Continue

With assurance of steady supply of petroleum products, more independent marketers have joined the growing list of distributors retailing Dangote Refinery’s high-quality petroleum products across the country.  New marketers signed on the partnership deal... Continue