KEY POINTS Shell has reported a first-quarter adjusted profit of $6.9 billion, its strongest performance in two years, surpassing analyst expectations of $6.36 billion. The result represents a sharp increase …
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has called for stronger collaboration among players in the gas, power, and financial sectors to address persistent challenges in Nigeria’s gas-to-power …
KEY POINTS The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has pledged full support for its members in the ongoing legal dispute involving the Dangote Petroleum Refinery and …
KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …
KEY POINTS Seplat Energy Plc has confirmed the exchange rate it will use to convert its dollar-denominated dividends for the 2025 financial year, as it prepares to distribute over ₦68 …
KEY POINTS Ugandan President Yoweri Museveni has expressed strong support for a proposed East African regional oil refinery following discussions with Nigerian billionaire and industrialist Aliko Dangote, signalling renewed momentum …
KEY POINTS Shell Nigeria Gas, SNG, convened industry stakeholders in Port Harcourt to explore how natural gas can reduce operational costs, boost productivity, and attract investments across Nigeria’s industrial sector. …
KEY POINTS The NNPC Foundation, the Corporate Social Responsibility arm of NNPC Limited, has commissioned and handed over a fully installed 1.5 Tesla Magnetic Resonance Imaging (MRI) system to Nnamdi …
KEY POINTS Global oil prices surged on Friday, rising more than 3%, after comments by U.S. President Donald Trump signaled growing frustration with Iran, raising fresh fears over potential disruptions …
KEY POINTS Kenya has announced a significant increase in retail fuel prices, raising them by as much as 23.5% following continued volatility in global oil markets linked to tensions in …
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