Dangote Refinery begins Operation in Lagos
The long-awaited refinery has officially begun to Operate in Nigeria, what a big accomplishment by the Nigeria billionaire Aliko Dangote. The refinery begins operation. “Estimated to gen...
The long-awaited refinery has officially begun to Operate in Nigeria, what a big accomplishment by the Nigeria billionaire Aliko Dangote. The refinery begins operation. “Estimated to gen...
The market value of Wale Tinubu's stake in Oando Plc has increased by more than $40 million in the past 17 days, as investors continue to buy shares of the company on the Nigerian Exchange. This...
Recent events in Russia, stemming from the comprehensive actions undertaken by President Vladimir Putin in Ukraine, have led to significant financial repercussions for some of Europe's largest compani...
The Federal Government has stated that Nigeria possesses 33% of Africa's total gas reserves. Adding to it, the Nigerian Upstream Petroleum Regulatory Commission revealed that Nigeria's gas reser...
Seplat Energy Plc, a Nigerian and London-listed energy company, remains steadfast in its interest to acquire oil and gas assets from Exxon Mobil Corporation. The company's CEO, Roger Brown, recently e...
Nigeria has once again reclaimed its position as Africa's leading crude oil producer, as reported by the Organization of Petroleum Exporting Countries (OPEC) for the month of May 2023. The country's d...
It was said that Nigeria's oil industry would gain pace heading into 2022 after the passage of the Petroleum Industry Act (PIA) and a moderate recovery from a COVID-19-induced recession; but, the sect...
Norway's Equinor has commenced its interest in selling off its stake in the offshore Agbami oilfield. This decision came in after the company made it known that production has been shrinking right fro...
Despite surpassing second-quarter profits on strong refining margins and trading, British oil major BP increased its dividend and increased share buybacks on Tuesday. The giant energy com...
Saudi Aramco hopes to surpass Apple as the most valuable corporation in the world when it eventually lists a 5% stake in an IPO, which might happen later this year or in early 2023. With Sau...