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Energy FEATURED Latest TOP STORIES 

[JUST IN] Dangote refinery cuts petrol price for second time in one month

December 19, 2024December 19, 2024 Markets Reporters 0 Comments Dangote petrol price cut, Dangote refinery

In what it described as ‘holiday bonanza’, Dangote Petroleum Refinery has reduced the price of its petrol to N899.50 per

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Energy FEATURED Latest TOP STORIES 

Aradel shares extend gains as Shell-Renaissance deal approved 

December 18, 2024December 18, 2024 Markets Reporters 0 Comments Aradel shares, Renaissance Africa Energy Company, Shell-Renaissance deal

Shares of Aradel Holdings Plc extended their gains on Wednesday as Shell’s sale of its Nigeria onshore subsidiary to Renaissance

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Energy FEATURED Latest TOP STORIES 

NNPC’s $1bn ‘just about 5% of our refinery investment’, says Dangote

December 18, 2024December 18, 2024 Markets Reporters 0 Comments Dangote refinery, NNPC

Dangote Industries has said the $1bn paid by the Nigerian National Petroleum Company is “just about 5% of the investment

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Energy FEATURED Latest Technology 

[BREAKING] Tinubu okays Shell’s sale of onshore unit SPDC to Renaissance

December 18, 2024December 18, 2024 Markets Reporters 0 Comments Renaissance Africa Energy Company, SPDC

President Bola Tinubu, who doubles as the minister of petroleum resources, has approved Shell’s sale of its onshore subsidiary to

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Energy FEATURED Latest TOP STORIES 

Oando posts 31% drop in quarterly profit

December 17, 2024December 17, 2024 Markets Reporters 0 Comments NAOC, Oando, Wale Tinubu

Oando, an indigenous energy company in Nigeria, reported a 31% decline in its profit after tax to N76.3 billion in

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Energy Latest TOP STORIES 

Ex-Chevron executive joins Oando board 

December 17, 2024December 17, 2024 Markets Reporters 0 Comments Cosmas Iweze

Joseph Olaoluwa Oando Plc, a Nigerian energy company, has appointed Cosmas Iweze, a former executive at US oil giant Chevron,

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Energy FEATURED Latest TOP STORIES 

[BREAKING] Shell Nigeria sanctions Bonga North deepwater project after years of delay

December 16, 2024December 16, 2024 Markets Reporters 0 Comments Shell Bonga North project, Shell Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID)

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Energy FEATURED Latest TOP STORIES 

Dangote petrol exported to South Africa, Angola, Ghana, Cameroon, others — Official

December 15, 2024December 15, 2024 Markets Reporters 0 Comments Dangote petrol exports, Dangote refinery, Devakumar Edwin

Petrol from Dangote refinery has been exported to several African countries in recent weeks, Devakumar Edwin, vice president of oil

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Energy FEATURED Latest TOP STORIES 

Meet ex-ExxonMobil executive tapped as MD for Seplat’s new unit after $800m deal

December 12, 2024January 1, 2026 Markets Reporters 0 Comments Oladotun Isiaka, Seplat Nigeria Unlimited, Seplat SEPNU

Mobil Producing Nigeria Unlimited (MPNU)  has been renamed Seplat Energy Producing Nigeria Unlimited (SEPNU) following the completion of its acquisition

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Energy FEATURED Latest TOP STORIES 

Aradel agrees to buy stake in Chappal Energies 

December 11, 2024December 11, 2024 Markets Reporters 0 Comments Aradel Holdings, Chappal Energies Mauritius

Aradel Holdings Plc has entered into an agreement to acquire 5.14% equity interest in Chappal Energies Mauritius Limited. The announcement

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