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…

Nigeria has recorded another major milestone in its oil and gas sector, with Shell announcing a $2 billion Final Investment Decision (FID) on a new offshore gas project, marking the…

National average daily production of crude oil and condensates fell to 1.58 million barrels per day (bpd) in September 2025, according to the latest data from the Nigerian Upstream Petroleum…

After days of tense negotiations, the management of Dangote Refinery and Petrochemicals and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have reached a truce over the…

The Federal Government on Sunday waded into the escalating dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Dangote Refinery following the sack of…

The management of Dangote Petroleum Refinery has strongly condemned a directive issued by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) instructing its branches to halt crude…

Nigeria’s downstream petroleum sector was thrown into fresh uncertainty on Friday as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) ordered an immediate suspension of gas and…

Nigeria’s energy market faces fresh uncertainty as the Dangote Petroleum Refinery announced it will suspend petrol sales in naira from Sunday, September 28, 2025, a decision that has unsettled marketers…

The management of Dangote Refinery has dismissed calls by petroleum marketers for a subsidy mechanism that would amount to about ₦1.5 trillion annually, insisting it will not shoulder costs to…

NNPC Retail Limited has announced a staggering loss of N395.5 billion for the fiscal year 2024, as detailed in its “annual report, consolidated and separate financial statements for the year…