Dangote to Refund Customers Who Purchase PMS above Advertised Rates from Key Partners

  …. Absorbs N16bn loss by refunding N65/litre to marketers for Nigerians to benefit from cheaper fuel ...Insists Nigerians deserve good quality, affordable fuel products     Dangote...

Oil falls on White House spat, tariffs, Iraq exports

Oil falls on White House spat, tariffs, Iraq exports   Oil prices fell on Friday and were headed for their first monthly drop since November, as...

NLNG decries attacks on gas pipelines

NLNG decries attacks on gas pipelines CHIGOZIE AMADI The Managing Director of Nigeria LNG Limited, Dr Philip Mshelbila, has revealed that only two of the company’s...

Oil gains on supply concerns from Iran sanctions, strong refining margins

Oil gains on supply concerns from Iran sanctions, strong refining margins CHIGOZIE  AMADI Oil prices rose for a second day on Tuesday as fresh U.S. sanctions...

Filling stations shut, loading halted as Lagos impounds tankers

Filling stations shut, loading halted as Lagos impounds tankers   Marketers of petroleum products have expressed concerns that the alleged harassment of tanker drivers by officials...

Leviathan Operators Eye Gas Output Boost

Leviathan Operators Eye Gas Output Boost The companies operating the Leviathan gas field offshore Israel plan to increase the production capacity of the project substantially,...

Elumelu: Oil Revenues Crucial for Economic Diversification

*Hails improved oil production under Tinubu CHIGOZIE AMADI The Chairman, Heirs Energies, Mr. Tony Elumelu, has said the country must ramp up oil production to generate...

Nigeria’s Crude, Condensate Output Hit over Three-year High in Boost for 2025 Budget

Nigeria’s Crude, Condensate Output Hit over Three-year High in Boost for 2025 Budget CHIGOZIE AMADI Nigeria’s crude oil and condensate production hit a high of three...

Marketers bear losses on imported fuel as Dangote slashes price

Marketers bear losses on imported fuel as Dangote slashes price The decision by the Dangote Petroleum Refinery to reduce the ex-depot price of Premium Motor...

Oil prices climb after US tariffs spark supply disruption fears

Oil prices climb after US tariffs spark supply disruption fears Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico...
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