The Federal Government has issued a stern warning to Electricity Distribution Companies (DisCos), stating that any official found demanding payment from consumers […]
Category: Energy/Oil and Gas
Dangote Refinery Dismisses Shutdown Claims, Maintains Daily Output of 50 Million Litres of PMS
Dangote Petroleum Refinery has dismissed reports suggesting it is shutting down for maintenance, describing the claims as false and misleading, while affirming […]
Elumelu’s Heirs Energies Acquires 20% Stake in Seplat from French Oil Firm for $500m
Heirs Energies has finalized the acquisition of Maurel & Prom S.A.’s entire 20.07 per cent stake in Seplat Energy Plc in a deal valued […]
Heirs Energies Clinches $750m Afreximbank Deal to Boost Long-Term Expansion
Heirs Energies Limited, one of Nigeria’s foremost indigenous integrated energy companies, has secured a $750 million financing facility from the African Export–Import Bank (Afreximbank). […]
Dangote Refinery Reaffirms N699 Petrol Price, Appeals to Marketers
Dangote Refinery has confirmed that its petrol gantry price will remain at N699 per litre. The company announced this in a notice on […]
Dangote Sets Petrol Price at ₦740 per Litre in Lagos Starting Tuesday
Aliko Dangote, President of the Dangote Group, announced that Premium Motor Spirit (PMS), commonly known as petrol, will sell for no more than ₦740 […]
NUPRC Grants Flare Gas Commercialization Permits to 28 Firms
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted permits to 28 companies under the Nigerian Flare Gas Commercialization Programme (NGFCP), a move aimed […]
Dangote Refinery Cuts Ex-Depot Petrol Price to ₦699 per Litre
The Dangote Petroleum Refinery has reduced the ex-gantry price of its premium motor spirit (petrol) to ₦699 per litre, marking a N129 drop from […]
NCDMB Holds Training on Local Content Compliance in Procurement and Tendering
The Nigerian Content Development and Monitoring Board (NCDMB) has successfully concluded a training program on Local Content Compliance in Procurement and Tendering, reinforcing […]
Chevron Secures 40% Stake in Two Nigerian Offshore Blocks from TotalEnergies
Chevron has strengthened its presence in Nigeria’s offshore oil sector by acquiring a 40 percent working interest in Petroleum Prospecting Licenses (PPL) […]
