New Energy in Namibia, Ivory Coast, Others Dim Nigeria's Oil Investment - Report  In a report by African Energy Chamber, Nigeria's spot on investors' radar screens has dimmed significantly as investors attention is increasingly drawn to new and emerging developments in Namibia, Ivory Coast, Angola,...

Oil Theft: IG Appoints New Commander for Petroleum Taskforce  The Inspector General of Police, Kayode Egbetokun, has appointed Deputy Commissioner of Police, Bayonle Sulaiman, as the new Commanding Officer in charge of the Inspector-General of Police Special Task Force on Petroleum and Illegal Bunkering. Egbetokun on...

Petrol Landing Cost Rises N1,117/litre - Marketers The Major Energies Marketers Association of Nigeria on Wednesday, announced that the landing cost of Premium Motor Spirit, also known as petrol, was N1,117/litre as of Tuesday, July 16, 2024. MEMAN disclosed this during a webinar with journalists on...

Dangote Refinery to Begin Petrol Supply in August Petrol will roll out from Dangote Refinery next month, Dangote Group and Chief Executive Officer, Dangote Petroleum Refinery, Alhaji Aliko Dangote said yesterday. According to him, the crisis over supply of crude from the International Oil Cooperations (IOCs)...

Why NNPC's Stake in Dangote Refinery Reduced to 7.2% The Nigerian National Petroleum Company (NNPC) Limited says its decision to limit its equity participation in the Dangote Petroleum Refinery was made months ago. In a statement on Sunday, Femi Soneye, NNPC’s spokesperson, said the national oil...

NNPC No Longer Owns 20% of Dangote Refinery - Dangote The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery. Dangote disclosed this during a media parley...