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  • Analysts Urge Government to Separate Upstream Investment Management from NNPCL for Greater Efficiency

    As discussions intensify around potential revisions to Nigeria’s Petroleum Industry Act (PIA), industry experts are advocating for the Nigerian Upstream Investment Management Services (NUIMS) to...

    Separate Upstream Investment Management From NNPCL, Analysts Urge Govt
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    Politics Today
    As discussions intensify around potential revisions to Nigeria’s Petroleum Industry Act (PIA), industry experts are advocating for the Nigerian Upstream Investment Management Services (NUIMS) to be detached from the Nigerian National Petroleum Company (NNPC). This move is seen as essential to boosting transparency and operational efficiency within the sector. The call for separation comes amid...
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  • NLNG Train 7 Shutdown: Company Collaborates with Workers’ Unions to Resolve Tax Dispute and Restore Operations

    Daewoo Engineering and Construction Nigeria (DECN), one of the key contractors on the NLNG Train 7 project, has announced ongoing discussions with its workforce and...

    NLNG Train 7 Shutdown: Firm Engages Workers’ Unions For Resolution Of Tax Dispute
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    Politics Today
    Daewoo Engineering and Construction Nigeria (DECN), one of the key contractors on the NLNG Train 7 project, has announced ongoing discussions with its workforce and their unions to address the concerns that triggered the project’s halt. Last week, welders and fitters affiliated with the National Association of Plants Operators (NAPO) ceased work, citing suspicions of...
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  • Association Champions Dangote Refinery’s Success, Condemns NUPENG’s Disruptive Actions

    The leadership of the Nigeria Liquefied and Compressed Gases Association (NLCGA) has expressed strong concerns over what it describes as the aggressive tactics employed by...

    Association Backs Dangote Refinery, Decries NUPENG’s Activities
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    Politics Today
    The leadership of the Nigeria Liquefied and Compressed Gases Association (NLCGA) has expressed strong concerns over what it describes as the aggressive tactics employed by the National Union of Petroleum and National Gas – Petroleum Tanker Drivers (NUPENG-PTD) in their dealings with Dangote Refinery. According to the association, the disruptive interventions by NUPENG-PTD at the...
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  • Otedola Declares Dangote Refinery as the Key to Nigeria’s Future Growth

    Yesterday, Nigerian billionaire entrepreneur Mr. Femi Otedola entered the ongoing dispute over fuel supply between the Dangote Refinery and the Depot and Petroleum Products Marketers...

    Dangote Refinery Is Nigeria’s Future, Otedola Tells DAPPMAN
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    Politics Today
    Yesterday, Nigerian billionaire entrepreneur Mr. Femi Otedola entered the ongoing dispute over fuel supply between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), urging the group to embrace innovation or face obsolescence. Having closely observed the recent tensions between the two parties, Otedola felt compelled to share his insights,...
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  • Savannah Energy Strikes $65.4M Deal to Acquire Norfund’s Stake in Klinchenberg BV

    Savannah Energy Plc has announced that its fully owned subsidiary, Savannah Energy EA Limited, has entered into a share purchase agreement with Norfund, the Norwegian...

    Savannah Energy To Acquire Norfund’s Stake In Klinchenberg BV For $65.4m
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    Politics Today
    Savannah Energy Plc has announced that its fully owned subsidiary, Savannah Energy EA Limited, has entered into a share purchase agreement with Norfund, the Norwegian investment fund dedicated to developing countries. This agreement involves acquiring Norfund’s entire 50.1% stake in Klinchenberg BV for a total consideration of up to $65.4 million. The agreement was formalized...
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  • Regulators Launch Bold Crackdown on Oil Racketeers in Akwa Ibom

    Authorities overseeing the downstream petroleum industry in Akwa Ibom State, specifically the Petroleum Products Monitoring Committee (PPMC), in partnership with the Nigeria Midstream and Downstream...

    Regulators Begin Clampdown On Oil Racketeers In A/Ibom
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    Politics Today
    Authorities overseeing the downstream petroleum industry in Akwa Ibom State, specifically the Petroleum Products Monitoring Committee (PPMC), in partnership with the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), have initiated a rigorous crackdown on fraudulent activities by individuals masquerading as legitimate petroleum marketers and operators within the region. Hon. Godwin Ekpo, chairman of the...
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  • 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...

    Indigenous Oil Firm, Kenyon Targets Nigeria’s Brownfield Development
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    Politics Today
    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....

    DAPPMAN Slams Dangote Refinery For Slashing Petrol Prices
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    Politics Today
    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,...

    JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers
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    Politics Today
    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....

    Marketers Demanded N1.5trn Subsidy To Match Refinery Gantry Price – Dangote
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    Politics Today
    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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