Oil & gas

Port Harcourt Refinery Revamp Hits 90% Progress

The Nigerian National Petroleum Company Limited (NNPCL) has announced that rehabilitation work on the new Port Harcourt refinery is over 90 percent complete. The Port...

Oil Marketers, NNPCL Forge Pact for Smooth Yuletide Fuel Distribution

The Nigerian National Petroleum Company Limited (NNPCL) and the Petroleum Retail Operators Association of Nigeria (PETROAN) have reached an agreement to ensure seamless nationwide...

Equinor Finalises Nigeria Exit, Sells Agbami Stake for $1.2b

Equinor (EQNR.OL), the Norwegian oil and gas giant, has officially exited Nigeria after completing the sale of its assets in the country for up...

IPMAN Starts Direct Transactions with Dangote Refinery

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has commenced lifting Premium Motor Spirit (PMS) directly from the Dangote Petroleum Refinery, marking a significant...

Global Oil Prices Dip to $71

Global oil prices, benchmarked by Brent futures, have dropped to $71 per barrel, dipping below the $75 mark following Saudi Aramco’s decision to cut...

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