Dangote Signs $400m Equipment Deal With Chinese Firm for Refinery Expansion
Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading
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Energy
Seplat Up 44% Since Elumelu’s Stake Purchase as Valuation Tops N5trn
Seplat Energy, one of the biggest Nigerian oil and gas independents, has risen 44.4 percent on the stock exchange since
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NNPC’s Annual Profit Rises as Revenue Tops N60trn
The Nigerian National Petroleum Company (NNPC) has reported a profit after tax of N5.76 trillion for 2025, up from N5.4
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Dangote’s Domestic Petrol Supply to Jump 50% as Refinery Maxes Out at 650,000bpd
The Dangote Petroleum Refinery has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation
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Dangote Refinery Cuts Petrol Gantry Price to N774/Litre
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from
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Aradel’s Asset Base Tops N10trn on Shell and ND Western Deals
Aradel Holdings, a major Nigerian oil and gas independent, saw its total assets grow almost sixfold last year to N10.4
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Shell Nigeria Begins Turnaround Maintenance at Bonga FPSO Amid Expansion Project
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a turnaround maintenance activity at the Bonga Floating Production Storage
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TotalEnergies’ Nigerian Retail Unit Suffers N17bn Annual Loss Post-Deregulation
TotalEnergies Marketing Nigeria, a fuel marketing company, reported a loss of N17.18 billion in 2025 compared with a profit of
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NNPC Says Chevron’s Awodi-07 Discovery Confirms ‘Huge Presence of Hydrocarbons’
The Nigerian National Petroleum Company Limited (NNPC Ltd) says results from the well Awodi-07 discovered by Chevron Nigeria Limited (CNL)
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NNPC Boss Sees Shell’s Planned $20bn Bonga South West Project as Renewed Investor Confidence
Bayo Ojulari, group chief executive officer of the Nigerian National Petroleum Company, has said Shell’s planned $20bn investment in the
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