The Nigerian National Petroleum Company (NNPC) Limited has said that the oil corporation made a deliberate commercial decision to cap its investment at the amount already paid for a... Continue

Dangote Refinery is ramping up crude oil production with a purchase of an additional 5 million barrels from the United States of America, according to data from Bloomberg. The... Continue

Building on a robust 2023 financial performance, Conoil Plc, the Nigerian Exchange-listed petroleum marketing company controlled by billionaire businessman, Dr. Mike Adenuga, reported significant revenue growth in the first... Continue

International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria’s foreign exchange (forex) issue... Continue

The NEPL/Seplat Energy JV has unveiled two more Science, Technology, Engineering, Arts, and Mathematics (STEAM) Labs at both the Edo Boys High School and New Era College, both in... Continue

The Federal Government announced the completion of oil asset transactions including the Nigerian Agip Oil Company, NAOC, and Oando, as well as Equinor-Project Odinmim divestments. This was disclosed by... Continue