President Bola Tinubu on Friday, November 7, made a strong vow as the United States (US') military action threat looms amid an alleged Christian persecution claim.
The prices of cooking gas has remained high despite assurances by independent marketers and retailers following supply glitches by Dangote Refinery.
Nigeria's crude oil production has hit a two-month high after months of decline. The country reported an increased production of 1.486 mbpd in April
Dangote Refinery has crashed the gantry petrol prices again from N835 per litre to N825, a direct aim at depot owners and importers as the price war intensifies.
Dangote Refinery has tackled oil marketers over claims that it cannot meet local demands and plans to monopolise fuel supply in the domestic market.
Nigerian company, Aiteo and PETROMOC have partnered to build a 200,000-barrel-per-day refinery in Mozambique and will rival Dangote refinery market share.
The Depot and Petroleum Product Marketers Association of Nigeria (DAPPMAN) has decried the potential of the Dangote Refinery to control the market over its size.
The NMDPR has called on fuel stations to adhere to regulations and ensure they do not deceive customers by dispensing less fuel than paid for....
Conoil Producing, led by Mike Adenuga, launched Nigeria’s newest crude oil blend, Obodo, into international market, marking a major milestone in the energy sector.
Oil marketers are still importing Premium Motor Spirit (PMS), also known as petrol, despite the Dangote petroleum refinery and other local options available.
Seplat Energy, Aradel Holdings, TotalEnergies, and two other oil companies have emerged as the highest-grossing firms in the oil sector and their CEOs highest paid.
Energy
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