energy sector

Kenyon: The Indigenous Oil Firm Driving Nigeria’s Brownfield Development Revolution
Kenyon International, a prominent indigenous company in Nigeria’s oil and gas service sector, has reaffirmed its dedication to boosting investments within the country’s oil and...

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Politics Today
2 weeks ago2 weeks ago

Kenyon International, a prominent indigenous company in Nigeria’s oil and gas service sector, has reaffirmed its dedication to boosting investments within the country’s oil and gas industry, with a particular focus on advancing brownfield development projects. This declaration was made during the company’s 10th anniversary event held in Lagos, where Kenyon highlighted its impactful contributions...

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CORAN Calls for United Action Among Stakeholders to Drive Progress in the Downstream Sector
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has appealed for solidarity and collaboration among all participants in the downstream oil and gas industry....

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Politics Today
2 weeks ago2 weeks ago

The Crude Oil Refinery Owners Association of Nigeria (CORAN) has appealed for solidarity and collaboration among all participants in the downstream oil and gas industry. The association specifically urged the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) to move beyond their current disputes for the sake of Nigeria’s refining...

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Breaking News: Dangote Refinery Suspends Sales to Unregistered Marketers-What This Means for the Market
Dangote Petroleum Refinery and Petrochemicals Limited has announced the suspension of self-collection gantry sales of petroleum products at its facility, effective from Thursday, September 18,...

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Politics Today
2 weeks ago2 weeks ago

Dangote Petroleum Refinery and Petrochemicals Limited has announced the suspension of self-collection gantry sales of petroleum products at its facility, effective from Thursday, September 18, 2025. This update was communicated through an internal memo issued on Friday by the company’s Group Commercial Operations Department. The management stated that this step aims to prevent sales to...

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Dangote Reveals Marketers’ Shocking N1.5 Trillion Subsidy Demand to Match Refinery Gantry Prices
Dangote Petroleum Refinery has revealed that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has requested an annual subsidy amounting to N1.505 trillion....

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Politics Today
2 weeks ago2 weeks ago

Dangote Petroleum Refinery has revealed that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has requested an annual subsidy amounting to N1.505 trillion. This subsidy is intended to enable its members to align their depot prices with the refinery’s gantry rates. While the refinery supplies petroleum products to

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Inside the Groundbreaking $400M Crude Oil Terminal in Rivers: Prof. Adegbulugbe Reveals the Vision Behind This First-of-Its-Kind Project
Professor Anthony Adegbulugbe, Chairman of Green Energy International Limited (GEIL), has revealed that the company’s pioneering $400 million indigenous onshore Otakikpo Terminal in Rivers State...

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Politics Today
2 weeks ago2 weeks ago

Professor Anthony Adegbulugbe, Chairman of Green Energy International Limited (GEIL), has revealed that the company’s pioneering $400 million indigenous onshore Otakikpo Terminal in Rivers State is set to transform Nigeria’s oil and gas sector. In an exclusive discussion with journalists in Abuja, the GEIL CEO emphasized that the Otakikpo Terminal represents a long-awaited breakthrough after...

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Ossiomo Power Plant Management Denies Shutdown Rumors, Assures Continuous Operation
The management team at Ossiomo Power Plant has confirmed that it has disbursed over ₦2 billion to its Chinese collaborator, Jiangsu Communication Clean Energy Technology...

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Politics Today
3 weeks ago3 weeks ago

The management team at Ossiomo Power Plant has confirmed that it has disbursed over ₦2 billion to its Chinese collaborator, Jiangsu Communication Clean Energy Technology (CCETC), since the facility began operations. In a phone interview conducted two weeks ago, a CCETC representative, who identified himself as Mr. ‘W’, stated that the directive to halt operations...

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DAPPMAN Blasts Dangote Refinery Over Controversial Petrol Price Cuts
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed strong opposition to the Dangote Refinery’s recent initiative to lower petrol prices, cautioning...

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Politics Today
3 weeks ago3 weeks ago

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed strong opposition to the Dangote Refinery’s recent initiative to lower petrol prices, cautioning that such a move could disrupt the stability of the fuel market. Recently, the private refinery declared that starting Monday, September 15, petrol prices would drop to N841 per litre...

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Petroleum Marketers Assert They Supply 68% of Nation’s Fuel, Challenge Dangote’s Capacity Claims
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s...

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Politics Today
3 weeks ago3 weeks ago

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s fuel demands amid the ongoing strike by petroleum tanker drivers. On Tuesday, Anthony Chiejina, a representative of the refinery, asserted that there was “no fuel shortage” and that refinery operations...

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Tinubu Calls on Extractive Firms to Lead the Charge in Low-Carbon Transition
President Bola Ahmed Tinubu has called on Nigeria’s extractive industries to embrace environmentally friendly and sustainable methods that align with the global shift towards cleaner...

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Politics Today
3 weeks ago3 weeks ago

President Bola Ahmed Tinubu has called on Nigeria’s extractive industries to embrace environmentally friendly and sustainable methods that align with the global shift towards cleaner energy. Speaking at the International Conference on Petroleum, Environment, Solid Minerals and Security (ICPESMS 2025) held in Abuja, Tinubu emphasized the importance of adopting a low-carbon development path, implementing circular...

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Chinese Investors Set to Transform Katsina State with $720 Million Boost in Agriculture and Renewable Energy Projects
Chinese Investors Target $720 Million in Agriculture and Renewable Energy Ventures in Katsina State Expanding Foreign Investment in Northern Nigeria A delegation of twenty-five Chinese...

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Business Updates
1 month ago1 month ago

Chinese Investors Target $720 Million in Agriculture and Renewable Energy Ventures in Katsina State Expanding Foreign Investment in Northern Nigeria A delegation of twenty-five Chinese investors, spearheaded by China Overseas Engineering Group (COVEC), recently conducted site visits across Katsina State to evaluate opportunities in agriculture and renewable energy sectors. These prospective projects, collectively valued at...

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