Petrol depot prices rise across Nigeria after Dangote Petroleum Refinery restored its ex-depot rate to N1,175 per litre, forcing marketers to adjust prices.
Petrol depot prices rise across Nigeria after Dangote Petroleum Refinery restored its ex-depot rate to N1,175 per litre, forcing marketers to adjust prices.
Oranto Petroleum exits Senegal's offshore oil sector after license revocation, citing financial disputes and regulatory challenges amid calls for better investment.
President Bola Tinubu has approved incentives aimed at supporting Shell’s proposed Bonga South West deep-offshore oil project and similar offshore developments.
Nigeria’s fuel prices have fallen as Dangote Refinery cuts gantry to N699 and many stations lower pumps to around N750, helping secure a global top 10 ranking.
Nigerians spent an estimated N1.58 trillion on petrol in December 2025, according to official fuel consumption data released by the downstream regulator.
Nigeria's refineries gear up to cut petrol imports by 2026, bolstered by rising output. Industry experts say local capacity can meet demand if crude supply improves.
Nigeria's LPG market sees local production rise to 87%, yet households face soaring prices due to transportation costs and distribution issues...
Clarivo Oil announces a world-class refinery in Calabar, boosting Nigeria’s refining capacity, creating jobs, ensuring energy security, reducing fuel imports.
Domestic oil refiners in Nigeria have expressed confidence that they could reduce the country’s reliance on fuel imports in 2026, if key challenges are addressed.
Senegal has revoked Nigerian billionaire Arthur Eze’s offshore Cayar Shallow licence after Atlas Oranto Petroleum failed to meet financial guarantees.
Energy
Load more