Oluwatosin Racheal Alabi

KEY POINTS The Dangote Petroleum Refinery has reduced its gantry price of automotive gas oil (diesel) by N200 per litre, bringing the new rate down from N1,800 to N1,600. The …

KEY POINTS The Federal Capital Territory High Court in Abuja has dismissed a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited, NNPC Ltd, by Alternate Dimensions Ventures …

KEY POINTS Shareholders of ExxonMobil have approved the company’s proposal to shift its legal incorporation to Texas, marking a significant corporate decision for one of the world’s largest energy companies. …

KEY POINTS Eskom has commenced construction of a new R1.2 billion 75-megawatt solar power plant at the Lethabo Power Station in the Free State province, marking a major milestone in …

KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has opposed the claims of the Dangote Petroleum Refinery in an ongoing legal dispute at the Federal High Court in Lagos, …

KEY POINTS The Federal High Court sitting in Port Harcourt, Rivers State, has issued a sweeping injunction restraining the Nigerian National Petroleum Company Limited, NNPCL, and all commercial banks operating …

KEY POINTS Shell Nigeria Gas, SNG, has expanded its operations in the Niger Delta through the signing of new Gas Sales and Purchase Agreements (GSPAs) with two companies, Boskel Nigeria …

KEY POINTS Chevron has commenced drilling operations for a new well at the Nargis natural gas field located in Egypt’s Mediterranean offshore basin. The drilling activity marks a new phase …

KEY POINTS A fresh and intensifying legal battle has erupted between the Nigerian National Petroleum Company Limited, NNPC Ltd, the Office of the Attorney General of the Federation (AGF), and …