Showing posts with label
oil
.
Show all posts
Showing posts with label
oil
.
Show all posts
Monday, June 29, 2026
Africa's richest man signs $400 million China equipment deal as refinery expansion targets 1.4 million bpd
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Africa’s richest man, Aliko Dangote is deepening his bet on Nigeria’s refining future with a Chinese equipment deal aimed at turning his L...
Thursday, June 25, 2026
Nigerian SEC orders halt to marketing for Dangote refinery IPO
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Nigeria’s Securities and Exchange Commission on Tuesday ordered an immediate halt to the marketing of a purported initial public offering b...
Wednesday, June 24, 2026
Africa’s largest refinery rejects claims its fuel is routed through Togo and re-imported into Nigeria
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Dangote Petroleum Refinery has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-imported in...
Thursday, June 18, 2026
Ex-Nigeria oil minister cleared in UK bribery trial
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A former Nigerian oil minister has been cleared of taking bribes from wealthy oil executives in the form of luxury home stays and lavish s...
Wednesday, June 3, 2026
Shell pumped oil through Nigeria pipeline for years despite pollution evidence
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British multinational Shell continued operating a major oil pipeline in Nigeria for years even though it knew it was causing widespread poll...
Friday, May 22, 2026
Chinese investors may take control of Nigeria’s refineries in massive NNPC shake-up
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Nigeria may soon hand majority control of two of its most strategic oil assets to Chinese investors as the Nigerian National Petroleum Compa...
Weatherford selected for Nigeria deepwater work
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Weatherford International has secured a deepwater integrated completions contract offshore Nigeria from ExxonMobil affiliate Esso Exploratio...
Monday, May 18, 2026
Dangote refinery sues to halt Nigeria petrol imports amid market battle
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Dangote Petroleum Refinery, the $20bn refining complex owned by Nigerian billionaire Aliko Dangote, has intensified its battle with fuel imp...
Friday, May 15, 2026
Nigeria’s crude oil output rises to 1.66 million bpd in April
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Nigeria’s crude oil and condensate production rose to an average of 1.66 million barrels per day (bpd) in April 2026, bringing the country c...
Wednesday, May 13, 2026
Nigeria fuel demand rises as Dangote drives near-full refining capacity
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Nigeria’s petrol consumption rose in April, while domestic refining surged to near full capacity, led by strong output from the Dangote refi...
Tuesday, May 12, 2026
Nigeria's Airlines Face Trouble as Jet Fuel Threatens to Run Dry
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Nigeria's aviation sector faces heightened safety and operational concerns, due to jet fuel supply shortages amid already soaring oil...
After Squandering $25B In Refinery Overhauls, Nigeria Turns To Chinese Firms
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After a series of failed and costly attempts to revamp its aging refineries, Nigeria’s national oil company, the Nigerian National Petroleum...
Friday, May 8, 2026
Oil's Price Surge Spurs Nigeria's Flip From Discount to Darling
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Nigerian assets are rallying across stocks, bonds and the currency as investor confidence builds in President Bola Tinubu’s economic agenda....
Thursday, April 30, 2026
President Tinubu nominates new oil regulator in second leadership change in four months
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Nigerian President Bola Tinubu has nominated Rabiu Abdullahi Umar as chief executive of the Nigerian Midstream and Downstream Petroleum Reg...
Wednesday, April 29, 2026
Nigeria cuts airline debts to ease jet fuel crisis
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Nigeria is stepping in to stabilize its aviation sector as airlines face soaring jet fuel prices that threaten operations. The government...
Tuesday, April 28, 2026
Nigeria caps jet fuel prices to avert airline disruptions
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Nigeria's government is capping jet fuel prices and allowing airlines to buy supplies on credit, according to a government document seen...
Monday, April 27, 2026
Jet fuel crisis: a boon for Nigeria's Dangote, but not for local airlines
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Nigeria's giant Dangote refinery is benefiting from record margins for producing jet fuel that it is mostly selling abroad, while the do...
Dangote plans world’s largest refinery expansion, targeting 95,000 jobs
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Africa’s largest industrial project is set to scale further, with Aliko Dangote announcing plans to expand the Dangote Refinery to a produ...
Monday, April 20, 2026
Nigeria exports 55.39 million barrels as Dangote refinery faces crude supply shortfall
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Nigeria exported 55.39 million barrels of crude oil in the first two months of 2026, highlighting a widening imbalance between rising export...
Thursday, April 16, 2026
Nigerian airlines threaten to halt flights over soaring jet fuel prices
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Nigerian airlines will suspend all flight operations from April 20, they warned, unless crippling jet fuel prices, which they accused the ...
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