Latest Energy & Oil News
Africa Energy Bank Set to Launch, Targeting $120 Billion in Assets
The long-awaited Africa Energy Bank, designed to finance oil and gas projects…
Dangote Refinery Nears Full Capacity, Fuel Exports Begin Amidst Supply Chain Hurdles
Africa's largest oil refinery, a cornerstone project of Nigerian billionaire Aliko Dangote,…
MRS Oil Cuts Petrol Prices Following Dangote Refinery’s Lead
MRS Oil Nigeria Plc has announced a major price drop for Premium…
Warri Refinery Undergoes Routine Maintenance, Not Explosion, Says NNPC
The Nigerian National Petroleum Company (NNPC) Limited has dismissed claims of an…
Oil Giants Owe Nigeria $6.1 Billion – NEITI
The Nigerian Extractive Industries Transparency Initiative (NEITI) has issued a stark warning:…
Nigeria’s Oil Production Woes: High Costs Squeeze Profits and Threaten Economic Growth
Nigeria Oil Production Cost have hit high levels, calling for concern and…
Dangote Refinery Exports 130 Million Litres of Jet Fuel to Saudi Arabia
The Dangote Petroleum Refinery has announced the export of two cargoes of…
Oil Producers Accused of Diverting Crude Oil Meant for Local Refineries
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has levelled…