Latest Oil & Gas News
FG reduces approval timeframe for reactivating dormant oil wells
Nigeria has reduced the approval timeline for restarting inactive oil wells. Eniola…
CBN scraps cash pooling rule, grants oil firms full access to export proceeds
The Central Bank of Nigeria (CBN) says it has scrapped the cash…
Dangote refinery exports 456,000 tonnes of petroleum products to Ghana, Togo
The Dangote Petroleum Refinery says it has successfully completed the sale of…
Ghana, South Africa turn to Dangote refinery amid Middle East conflict
Some African countries that have long depended on large refineries in the…
Dangote raises petrol price to N1,245 per litre
The Dangote Petroleum Refinery has announced a fresh hike in the…
Dangote refinery cuts ex-gantry petrol price by N100 after oil price drop
The Dangote refinery reduced its ex-gantry petrol price to N1,075 per litre…
Fuel price hike: We incur cost from 47 government agencies, says Dangote Refinery
The Managing Director of the Dangote Refinery, David Bird, has claimed that…
Renewed inflation pressures loom as petrol hits N1,300 per litre
Businesses across Nigeria are preparing for a fresh wave of cost pressures…
Petrol may hit N1,400/litre as crude surge, supply uncertainty pressure downstream market
Petrol prices in Nigeria could climb to about N1,400 per litre in…
Crude oil prices spike above $115 a barrel as the Iran war impedes production and shipping
Oil prices spiked near $120 per barrel before falling back slightly on…
