‘It’s economic sabotage’ – Dangote Refinery slams PENGASSAN’s order to cut off oil, gas supply
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…
Breaking: PENGASSAN orders gas, crude supply cut to Dangote Refinery
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…
Flash: Dangote Refinery ends naira petrol sales, raising fears of price surge
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…
Dangote Refinery rejects marketers’ push for ₦1.5trn subsidy
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 reports ₦395.5bn loss 2024
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…
NUPENG suspends nationwide strike after DSS-brokered meeting with Dangote Group
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its nationwide strike following a resolution meeting with the Dangote Group in Abuja. The union had on Monday…
FG clarifies: No immediate plan to implement 5% petrol surcharge
The Federal Government has assured Nigerians that it has no immediate plans to introduce the five per cent fuel surcharge provided for in the newly signed Tax Administration Act 2025.…
Fuel scarcity looms as PETROAN, NUPENG move to shut down operations over Dangote monopoly fears
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has issued a three-day forewarning of suspension of lifting and dispensing petroleum products, starting from the early hours of Tuesday.…
NNPC boss raises alarm: ‘Cabal after my life over oil sector reforms’
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) Limited, Bayo Ojulari, has alleged that his life and those of his management team are under serious…
Report: NNPC boss Ojulari faces sack over deals with opposition-linked money laundering scandal
The tenure of Bashir Bayo Ojulari as Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited may be nearing an unceremonious end, TheCable has learnt. Despite…