Justice Inyang Ekwo of the Federal High Court in Abuja has struck out the preliminary objection of the Nigerian National Petroleum Company Limited (NNPCL), challenging the competence of the ₦100 billion import license suit instituted by Dangote Petroleum Refinery and Petrochemicals.

Oil Sector Reforms Attract $17bn Foreign Investments, Says NNPCL The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the Petroleum Industry Act 2021 and Executive Orders issued by President Bola Tinubu, attracted about...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) yesterday warned against monopolies and unfair competition.

The Nigerian National Petroleum Company (NNPC) Limited has suspended the naira-for-crude oil swap deal with domestic refiners,

The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day (bpd) refinery project

Dangote, NNPCL Petrol Price War an Advantage to Nigerians, Says Rewane Bismarck Rewane, managing director of Financial Derivatives Company, a consultancy firm says Nigerians will benefit more from the seeming petrol price war between Dangote refinery and Nigeria National Petroleum Corporation Limited. This is as as...