Africa’s largest oil refinery, Dangote Petroleum Refinery and Petrochemicals, says it has secured $2.5 billion in fresh private equity investment to support the next phase […]
Category: Energy News
Tinubu Commissions 6,000-Metric-Tonne-Per-Day Lithium Processing Plant In Nasarawa
President Bola Tinubu has commissioned a new lithium processing plant located in Endo, Nasarawa Local Government Area The President commissioned the Diamond New Energy lithium […]
Supreme Court Overturns Judgment Against GHL, Orders Immediate Return of Seized Vessel
The Supreme Court has set aside the judgment of the Court of Appeal, which ordered the seizure of an oil vessel and its cargo of […]
Seplat Energy Names Tony Elumelu Chairman, Effiong Okon CEO
Seplat Energy has announced the appointment of billionaire investor and business leader Tony Elumelu as the next Chairman of the company, with effect from January […]
Heirs Energies Gains Global Spotlight for $750M Facility
Heirs Energies Limited has been recognised on the global stage after its landmark US$750 million dual-tranche Senior Secured Reserve-Based Lending (RBL) facility was named Best […]
Supreme Court Set Asides Order Freezing Assets of Nestoil/Neconde Oil
The Supreme Court has set aside an order of the Court of Appeal freezing the assets of Neconde Energy Limited, Nestoil Limited and two others, […]
Cooking Gas Scarcity: Marketers Lament as Price Hits ₦1,500/kg
Gas marketers have sounded the alarm over a growing scarcity of Liquefied Petroleum Gas (LPG), which has driven retail prices up to ₦1,500 per kg. […]
Dangote Refinery Slashes Jet Fuel Price To ₦1,650/Litre
Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel (Jet A1) to ₦1,650 per litre, down from ₦1,750 per litre. litre. A […]
DAPPMAN, IPMAN Oppose Dangote’s Fuel Import Lawsuit
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has opposed a lawsuit filed by the Dangote Petroleum Refinery seeking to invalidate fuel import […]
Dangote Fertilizer: Investment in Ethiopia Hits $4bn
Dangote Group has announced an increase in investment from $2.5 billion to over $4 billion. In a statement on Sunday, the Dangote Group said that […]