President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to support Shell’s proposed Bonga South West deep-offshore oil project and other similar developments, in a move aimed at…

Ogun State’s bid to join Nigeria’s oil-producing states is set to become a reality following President Bola Ahmed Tinubu’s approval for the commencement of commercial oil drilling at Tongeji Island…

Claims of bullying and internal intimidation within the Nigerian National Petroleum Company Limited (NNPC Ltd) have been firmly dismissed by insiders and industry observers, who say reports linking such allegations…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members nationwide to prioritise the purchase of Premium Motor Spirit (PMS) from the Dangote Petroleum Refinery, citing competitive pricing…

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has distanced himself from a statement circulating in the media and on social…

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has rejected allegations of corruption levelled against him, insisting that his finances and…

Aliko Dangote, chairman of Dangote Industries Limited (DIL), has made explosive allegations against Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), claiming that…

The Dangote Refinery has sharply reduced its ex-depot petrol price to gain a competitive edge over the Nigerian National Petroleum Company Limited (NNPC) and other filling stations across Nigeria. Recent…

The Dangote Group has commended the Federal Government's new tariff policy on imported petroleum products, describing it as a crucial shield against dumping that has historically crippled local industries. In…