MSM Group chairman has revealed that his company discovered a large oil reserve worth $15bn and that the NNPC Limited was not even aware of its existence.
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Kerosene price in Nigeria ranked 12th cheapest worldwide
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Meet Nigeria’s top 10 petroleum depot owners giving Dangote Refinery a run for its money
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Nigeria launches solar cooking programme for 4 million households to fight pollution, poverty
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GAIL Refinery takes shape: New 450,000-barrel plant to disrupt Nigeria’s petroleum landscape
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FG, marketers' deadlock stalls Dangote Refinery’s fuel distribution plan
Energy Latest News
PHED, Eko DisCo lead as Nigerians flood power firms with over 275,000 complaints
NERC has reported that electricity distribution companies (DisCos) across the country received 275,681 customer complaints in the last quarter of 2024.
Sallah: Filling stations announce new petrol pump price
Filling station owners have adjusted their fuel prices following the decision by Dangote refinery to end sales in naira and also depots have increased prices.
Nigeria discovers new crude oil blend, exports commodity to Europe, Dangote to import 122m barrels
Nigeria's newest crude oil grade, the sweet Obodo blend, is reportedly ready for export to European markets alongside other blends like Bonga and Utapate.
NNPC announces plans to sell shares to Nigerians, takes another action
The Nigerian National Petroleum Company Limited (NNPC Limited) has announced plans to list the company's shares publicly on the Nigerian exchange
Dangote, other refineries abandon NNPC to import crude as MRS, Heyden, others raise petrol prices
Dangote and Edo refineries may import about 122.4m barrels of crude oil worth $8.56 billion in six months to meet production needs as the deal with NNPC collapsed.
Crude oil prices surge amid Trump’s tariff threats, Dangote, others move to import $8.5bn worth
Crude oil prices have risen amid threats by President Donald Trump to sanction countries patronising Venezuela's oil. Dangote also plans to import crude.
Price of imported petrol rises by N88 per litre as Dangote exports fuel to US
According to data issued by the Major Energies Marketers Association of Nigeria on Wednesday, the cost of importing one liter of fuel has increased by N88.
Petrol increases by N88, filling stations set to adjust pump prices
Oil marketers are set to change petrol prices at filling stations as the Major Oil Marketers Association of Nigeria (MOMAN) reveals a rise in landing cost.
Ibadan DisCo threatens to sue over allegations of sacking 3,000 workers
Ibadan Electricity Distribution Company (IBEDC) has threatened to sue the Oyo State arm of the Nigerian Labour Congress over allegations of firing 3,000 staff.
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