Energy & Oil

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…

Genesis Obong

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,…

Genesis Obong

MRS Oil Cuts Petrol Prices Following Dangote Refinery’s Lead

MRS Oil Nigeria Plc has announced a major price drop for Premium…

Genesis Obong

Warri Refinery Undergoes Routine Maintenance, Not Explosion, Says NNPC

The Nigerian National Petroleum Company (NNPC) Limited has dismissed claims of an…

Yusuf Abubakar

Oil Giants Owe Nigeria $6.1 Billion – NEITI

The Nigerian Extractive Industries Transparency Initiative (NEITI) has issued a stark warning:…

Genesis Obong

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…

Genesis Obong

Dangote Refinery Exports 130 Million Litres of Jet Fuel to Saudi Arabia

The Dangote Petroleum Refinery has announced the export of two cargoes of…

Yusuf Abubakar

Oil Producers Accused of Diverting Crude Oil Meant for Local Refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has levelled…

Genesis Obong