Dangote Petroleum Refinery has disclosed a 5% reduction in the gantry price of its diesel, bringing the cost down to N1,020 per litre.

Abdulrahman Bashar ultimately owns and controls the Rahamaniyya Group of Companies, which trades, supplies, and distributes African crude and oil products.

PETAN has urged Shell to allocate $1.5bn from Bonga North to local firms, emphasising Nigeria’s dedication to indigenous participation.

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per li­tre, at the gantry price, in an effort to better serve its customers ...

Nigeria’s economic journey has been heavily shaped by its historical dependence on oil exports. Since the discovery of oil in ...

Oil marketers, under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, have ...

In a presentation titled: “An insight into NNPCL’s war against crude oil theft,” Mohammed said the company arrested 2,849 suspects and confiscated 1,467 trucks laden with stolen crude. He spoke at the ...

Economic experts have decried that poor policies and infrastructures are stalling Nigeria’s diversification agenda.Despite decades of pledges to reduce reliance on oil revenues, the country remains ...

The Shipowners Association of Nigeria (SOAN) has called on policymakers to prioritise long-term contracts with the Nigerian National Petroleum Corporation Limited (NNPCL) and international oil ...

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, ...

A BBC investigation has uncovered allegations that energy giant Shell has ignored repeated warnings that a controversial ...

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that several multinationals left ...