Oil & Gas

Latest Oil & Gas News

CNG: October fare cut under threat as states battle queues, high conversion costs

The Federal Government’s plan to deliver cheaper transportation from October 1 is…

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Diesel hits N2,100 as energy costs swallow half of manufacturers’ expenses

Nigeria’s manufacturing sector is facing a fresh cost shock as diesel prices…

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Dangote refinery to launch IPO on September 14

The Dangote Petroleum Refinery and Petrochemicals has signed its initial public offering…

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Dangote Refinery IPO: N5,250 minimum subscription opens door to ordinary Nigerians

Nigeria’s biggest private-sector industrial project is opening its doors to ordinary investors…

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NMDPRA blames logistics costs, single-source refining for petrol price volatility

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says crude oil…

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Dangote, marketers clash over petrol imports as pump price nears N1,400

  The increasingly bitter battle between the Dangote Petroleum Refinery and petroleum…

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Court stops NMDPRA from shutting Dangote refinery

  The Federal High Court sitting in Lagos has issued an interim…

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Trump announces ‘biggest oil deal in world history’ as US secures 65 billion barrels of Venezuela oil

US President Donald Trump says the United States has secured majority control…

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Seplat rerating pushes Elumelu’s Heirs Holdings stake above $1bn

  Heirs Holdings’ investment in Seplat Energy has more than doubled in…

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Sahara Upstream deepens investment in African oilfield services

Sahara Upstream is accelerating the next phase of its oilfield services strategy,…

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