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 2027. The energy conglomerate also…
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 Oil & Gas Deal of…
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, over an alleged $1.1 billion…
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. Depending on the location, consumers…
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 statement by its media team…
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 licences issued by the Nigerian…
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 the President of Dangote Industries…
Alhaji Aliko Dangote, the President of the Dangote Group, stated on Wednesday that the group has turned down requests from the Nigerian National Petroleum Company (NNPC) Limited to increase its…
Aliko Dangote has announced his plans to construct a massive oil refinery in Kenya, East Africa, with a capacity of 650,000 barrels per day and an estimated cost of between…
A total of 14 electricity licences and permits across off-grid generation, embedded generation, and independent distribution, metering services, and interconnected mini-grid operations have been approved by the Lagos State Government.…