Business
Saipem Secures $900 Million Offshore Oil Contract
Saipem, in partnership with AVEON Offshore and KOA Oil & Gas, wins a $900 million contract from Shell for Nigeria’s Bonga North Project
23 December 2024
Tag: Oil Sector
Business
Oando Reports N3.2 Trillion Revenue Amid Operational Challenges in Q3 2024
Oando PLC shows resilience in Q3 2024, achieving 36% revenue growth despite a 5% production cut due to vandalism.
20 December 2024
Breaking News
Dangote Refinery Cuts Petrol Ex-Depot Price, Yet Pump Price Remains Unchanged
Despite Dangote Refinery reducing the ex-depot price of petrol to N899.50 per litre, pump prices remain high, ranging from N1,025 to N1,100 across Nigeria.
20 December 2024
Business
Dangote Refinery Begins Exporting Petrol To Cameroon
Dangote Refinery, Africa’s largest crude oil refinery, achieves a milestone with its first petroleum export to Cameroon
12 December 2024
Business
OPEC Appoints Nigeria’s Ademola Adeyemi-Bero as Chairman of Board of Governors for 2025
Nigerian oil industry veteran Ademola Adeyemi-Bero has been appointed as Chairman of OPEC’s Board of Governors for 2025
11 December 2024
Breaking News
Port Harcourt Refinery Conversion Units Non-Functional Despite NNPCL’s Claims
Despite NNPCL’s announcement of the Port Harcourt Refinery’s revival, its Conversion Units remain non-functional
8 December 2024
Breaking News
PETROAN Refutes Claims of New Petrol Price from Port Harcourt Refinery
PETROAN clarifies that no new petrol price has been announced by NNPC for the Port Harcourt Refinery, dismissing reports of pricing.
28 November 2024
Breaking News
Port Harcourt Refinery Begins Crude Oil Processing
The Port Harcourt Refinery commences crude oil processing, marking a significant milestone in Nigeria’s push for energy independence and economic growth.
26 November 2024
Breaking News
NNPC Unveils Utapate Crude Oil Blend: Boosting Nigeria’s Oil Revenue
The NNPCL introduces the Utapate crude oil blend to the global market at the Argus European Crude Conference, spotlighting its potential to enhance Nigeria’s oil revenue
21 November 2024
Breaking News
Dangote Refinery to Supply 240 Million Litres of Petrol Monthly to IPMAN
Dangote Petroleum Refinery partners with IPMAN to supply 60 million litres of petrol weekly, pushing prices down and improving Nigeria’s fuel distribution.
18 November 2024
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