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)...
Oando PLC has completed the acquisition of 100% of the shares of Nigerian Agip Oil Company Limited (NAOC Ltd). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
Nigeria’s newly operational Dangote oil refinery is making waves in the oil industry, rapidly increasing its gasoil exports to West Africa and capturing significant market share...
Guinness Nigeria Plc, one of the leading brewery companies in the country, has reported a financial downturn in its latest unaudited report for the nine months...
Ardova Plc, a leading indigenous energy company, and global lubricants giant Shell International have joined forces to launch the inaugural “Power Conference.” The event, themed “Powering...
