Tag: Oil and Gas

Trump Iran war: US President tells Americans to accept higher gas prices as Iran defies US

Economy Emmanuel -
The Trump Iran war is intensifying as Tehran refuses to yield control of the Strait of Hormuz, while President...

Fuel Marketers Earnings Crash 60% as Deregulation, Local Refining Shake Nigeria’s Oil Market

Business Damilola Bayonle -
Fuel marketers earnings crash 60% as downstream sector faces intense pressure Nigeria’s downstream petroleum industry is undergoing a major structural...

Dangote refinery assures Nigerians of fuel supply despite crude shortage and rising global demand

Business Damilola Bayonle -
Dangote Refinery Fuel Supply Assurance Amid Crude Shortage Concerns Nigeria’s energy landscape is facing renewed scrutiny as the Dangote refinery...

NNPC unveils $60bn gas investment plan to boost Nigeria’s reserves to 600tcf

News Damilola Bayonle -
Nigeria’s state-owned energy giant, the Nigerian National Petroleum Company Limited, has unveiled an ambitious roadmap to transform the country’s...

UK growth hit by Iran war as OECD warns of inflation surge, economic strain

World News Emmanuel -
The UK growth hit by Iran war is set to deepen economic pressure, as the Organisation for Economic Co-operation...

NNPC unveils bold energy security strategy to attract global investors and stabilise Nigeria’s oil sector

Business Damilola Bayonle -
Nigeria’s oil sector is undergoing a strategic recalibration as the Nigerian National Petroleum Company Limited intensifies efforts to reposition...

Dangote export threat sparks rresh fuel scarcity fears as Nigeria faces supply uncertainty

Business Damilola Bayonle -
Dangote refinery export threat raises fresh concerns over Nigeria’s fuel security Nigeria’s downstream petroleum sector is facing renewed uncertainty following...

Dangote refinery adopts merchant model, integrates Nigeria into global fuel trade

Business Damilola Bayonle -
Dangote Refinery positions as merchant refinery in global trade shift The strategic posture of the Dangote Refinery is undergoing closer...

Dangote fuel price cut to N774 as refinery expands footprint with new Burundi investment plans

Business Damilola Bayonle -
Dangote fuel price cut reshapes Nigeria’s downstream market as Burundi expansion gains traction Dangote Petroleum Refinery has announced a fresh...

Shell pledges $20bn Nigeria investment as Tinubu approves incentives

Business Damilola Bayonle -
Nigeria’s energy sector could be on the verge of a major investment breakthrough as Shell Plc confirmed plans to...

Local refiners move to slash petrol imports as Dangote, modular plants power output surge

Business Damilola Bayonle -
Nigeria’s downstream petroleum sector is approaching a potential turning point as domestic refiners intensify efforts to cut petrol imports...

Tinubu names new boards for oil regulators — Bold shake-up to strengthen petroleum sector

Business Damilola Bayonle -
Tinubu names new boards for oil regulators President Bola Ahmed Tinubu has forwarded a fresh list of nominees to the...