NELSON EKUJUMI The Nigeria oil industry is without doubt the mainstay of its economy and has also acted as a stabilizing factor for national security, peace and development. In... Continue

Dangote Refinery is upbeat its 650,000 barrel-per-day capacity crude processing plant will commence sales to fuel marketers in August. The development follows the intervention of big industry players and... Continue

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