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Oil and Gas

Dangote refinery begins operation, to supply 25 million litres in September

THE Dangote Refinery has officially commenced operations, with plans to supply 25 million litres of petrol to the Nigerian...
Mustapha USMAN -

N1000/litre PMS price hike imminent as NNPCL admits financial strain

THE Nigerian National Petroleum Company Limited (NNPCL) is set to enforce a price hike of N1000 per litre of...
Harrison EDEH -

Oil, gas suppliers decry multiple taxation impacts on interstate businesses

THE National Oil and Gas Suppliers Association of Nigeria (NOGASA) on Wednesday decried the impact of multiple taxation of...
Harrison EDEH -

NUPRC partners Indian corporations to achieve PIA’s mandate

THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a partnership with Infosys Limited, an Indian multinational corporation, to...
Ehime ALEX -
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Oando secures $650m Afreximbank’s loan for acquisition of Italian firm

OANDO Plc, an indigenous energy solutions provider, has secured a $650 million lending facility from the African Export-Import Bank...
Ehime ALEX -

FG paid N3.57trn on subsidy in 2023, amid Tinubu’s no subsidy claim

THE Federal Government of Nigeria paid approximately N3.57 trillion in subsidy on petroleum products in 2023, despite the initial...
Ehime ALEX -
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