NNPC, Chevron align joint-venture assets with new petroleum law
In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into
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Energy
NNPC says Dangote refinery free to sell petrol to any marketers
The Nigerian National Petroleum Company Limited has said the Dangote Refinery is free to sell petrol to other marketers. The
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Petrol prices will ‘regulate naturally’, says oil minister
Heineken Lokpobiri, minister of state for petroleum resources (oil), has said the federal government is not fixing petrol prices as
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50% petrol price hike piles more pressure on manufacturers — MAN
The Manufacturers Association of Nigeria has expressed worry over the 50% increase in the pump prices of petrol at a
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No end in sight to fuel scarcity as NNPC admits financial strain
Amid a shortage of petrol that has lasted for several weeks on end, the Nigerian National Petroleum Company Limited has
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OPEC+, oil giants face risk of falling prices
The Organization of the Petroleum Exporting Countries, its allies and major energy companies face a risk of falling crude prices
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South Africa marks five months of uninterrupted electricity supply
South Africa has gone 150 consecutive days without any planned power outages, Eskom Holdings SOC Ltd. said Saturday. This milestone
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Afreximbank, two others back Oando’s NAOC purchase with $650m financing
African Export-Import Bank said it arranged a $650 million facility for Oando Plc for the financing of the company’s acquisition
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OVH acquisition: The facts, by NNPC Ltd
The attention of NNPC Ltd has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser
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Oando pays $783m for acquisition of Eni subsidiary NAOC
Oando Plc, a Nigerian energy solutions provider, has announces the successful completion of the acquisition of 100% of the shareholding
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