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ATI, Deutsche Bank close $305m financing for road project in Angola

African Trade Insurance Agency (ATI) has supported Deutsche Bank with a comprehensive nonpayment insurance cover, insuring the bank against non-payment by the Government of...

TotalEnergies makes oil, gas discovery in Nigeria offshore OML 102

TotalEnergies has discovered oil and gas at the OML 102 offshore oilfield in Nigeria, the French company said on Tuesday, June 13, 2023. Dr Charles...

Oil, gas stakeholders commend Tinubu’s pronouncement on fuel subsidy removal

Some stakeholders in the oil and gas industry have commended President Bola Tinubu’s pronouncement on removal of fuel subsidy. They made the commendations in seperate...

Oil theft: Nigeria releases seized Norwegian oil tanker after plea bargain

The Nigerian Navy on Sunday, May 28, 2023, returned a Norwegian-registered vessel, MT Heroic Idun, caught attempting to steal Nigeria’s crude oil in August...

Buhari inaugurates Dangote Refinery, calls it game changer for Nigeria’s economy

President Muhammadu Buhari has inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, said to be the largest petrochemical company in the world. The company is expected...

AfCFTA: ECA urges policies promotion to attract green investment

The Economic Commission for Africa (ECA) says Africa should promote policies and infrastructure development to attract green investment and boost trade through the African...

Buhari inaugurates oil exploration in Nasarawa

President Muhammadu Buhari on Tuesday, March 28, 2023, inaugurated the first oil drilling of the Ebenyi-A Exploration Well located in the Middle Benue Trough...

New oil, gas discoveries indicate huge gas reserves in Nigeria – Expert

An oil and das expert, Prof. Olanrewaju Aladeitan, has lauded the new oil and gas discoveries in Nigeria, which he says indicate that the...

Latest news

Worry as Dangote Refinery, oil marketers in face-off over pricing, market control

A fresh wave of confrontation appears to be brewing in Nigeria’s downstream petroleum sector, as the Dangote Refinery, a...
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Olubolade: Ekiti has lost a great son – Gov Oyebanji

The Ekiti State Governor, Biodun Oyebanji, has expressed condolences on the death of a former Military Administrator of Bayelsa...

Lagos delivers nearly 10,000 homes, targets 14,000

The Lagos State Government says it has delivered 9,970 homes in the past six years as part of ongoing...

Must read

Worry as Dangote Refinery, oil marketers in face-off over pricing, market control

A fresh wave of confrontation appears to be brewing...

Olubolade: Ekiti has lost a great son – Gov Oyebanji

The Ekiti State Governor, Biodun Oyebanji, has expressed condolences...
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