FG lauds Savannah Energy for investing in Nigeria, as Tinubu wants gas driven economy
The Federal Government has praised Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter, for its substantial investment in Nigeria’s energy sector to date,…
More nightmare as Dangote’s ₦977 Per liter of petrol leads to NNPC price hike
A litre of premium motor spirit (PMS) popularly called petrol has hit N977 at the Dangote Refinery, major supplier of the product to the Nigerian National Petroleum Company (NNPC) limited.…
In a groundbreaking move, Nigeria begins sale of crude, refined products in naira
In a groundbreaking move, Nigeria has officially commenced the sale of crude oil and refined petroleum products in Naira Minister of Finance and Coordinating Minister of the Economy, announced that,…
Savannah Energy income grows to $233.4m, as production increases by 3%
Savannah Energy PLC, the British independent energy company focused around the delivery of projects that matter, has announced its unaudited half-year results for the six months ended 30 June 2024.…
ExxonMobil pledges $10bn investment in oil sector | DP World proposes multibillion-dollar port project
Vice President Kashim Shettima has welcomed ExxonMobil's proposed $10 billion investment in Nigeria's deep-water oil operations, describing it as a clear testament to the administration's economic reforms and investment-friendly policies.…
FG to close energy gap for 100m people as Nigeria-US energy dialogue highlights key reforms
| Five new presidential directives issued to cut cost and time of contracting for gas projects | New $550m upstream gas project kicks off Major energy reforms introduced in Nigeria…
Anxiety mounts as Dangote meets 16.3m out of 25m litres petrol supply obligation
Concerns are beginning to mount in Nigeria's energy sector as Dangote Refinery, the highly-anticipated facility touted as a game-changer for the country's fuel production, has failed to meet its 25m…
NNPC releases nationwide petrol price template after loading from Dangote refinery
The Nigerian National Petroleum Company (NNPC) Limited has released the estimated pump prices of Premium Motor Spirit (PMS), fondly called petrol, in its retail stations across the country. The NNPC…
Nigerians need petrol, not drama, group knocks Dangote
The Justice Action Alliance (JAA) has called out the Dangote Refinery to be transparent about its dealings, especially on petrol, saying that Nigerians are tired of the confusion trailing the…
Petrol price deregulated, Dangote to determine price as forex rate major factor
As Nigerians eagerly await the release of Premium Motor Spirit, popular known as petrol, from the $20bn Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited says it will lift…