The Dangote oil refinery has firmly denied recent allegations that it is reselling cargoes of U.S. and Nigerian crude. These claims were labeled as “outright falsehood”...
“Goya Olive Oil” trademark in Nigeria, Goya Foods Incorporated has initiated legal proceedings against the Registrar of Trademarks under the Federal Ministry of Trade and Investment....
Dangote Industries Limited (DIL) has accused International Oil Companies (IOCs) of obstructing direct crude oil sales to its refinery and forcing the company to use costly...
Aliko Dangote announced on Monday that his long-awaited $20 billion refinery complex will commence petrol sales starting next month. The announcement came during a press briefing...
Aliko Dangote, the Chief Executive Officer of Dangote Refinery, announced that the Nigerian National Petroleum Corporation (NNPC) Limited’s stake in the refinery has dropped from the...
The Dangote Refinery has announced plans to acquire an additional 11 million barrels of crude oil from the United States. In a tender viewed by Bloomberg,...
The Nigerian National Petroleum Company (NNPC) is exploring the option of securing a $2 billion loan using crude oil pre-payments as collateral. Mele Kyari, the group’s...
Shell Plc has announced plans to explore an offshore oil block in South Africa, near the maritime border with Namibia where recent discoveries have sparked a...
Global Credit Rating Company Limited (GCR) is pleased to announce that Moody’s Corporation (NYSE: MCO) has increased its stake in GCR to 100%, following a 51%...
Four international energy giants, Shell Plc, BP Plc, TotalEnergies SE, and Mitsui & Co., have each agreed to invest in Abu Dhabi National Oil Co.’s (Adnoc)...
