Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …
Category:
Oil & Gas
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BusinessEconomyEnergyLabourNewsNigeriaOil & Gas
Dangote Refinery Sacks Workers Amid Gasoline Unit Shutdown
Nigeria’s Dangote Oil Refinery has laid off some of its workers, raising concerns about stability at Africa’s largest private refinery project. A copy of a letter from the company, sighted …
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AfricaBusinessEconomyEnergyINVESTMENTOil & Gas
Heirs Energies Showcases African Leadership in Oil and Gas at African Energy Week 2025
Heirs Energies, one of Africa’s indigenous-owned integrated energy firms, has said its success in reviving declining oil assets is proof that African companies can unlock value in areas where international …
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Corporate Social Responsibility,DevelopmentEconomyEducationEnergyOil & Gas
Eni’s Agip Subsidiary Awards Postgraduate Scholarships to 30 Nigerians
Nigerian Agip Exploration Limited (NAE), a subsidiary of Italian energy giant Eni, has awarded postgraduate scholarships to 30 Nigerians under the 2025/2026 NNPC-NAE Production Sharing Contract (PSC) Scholarship Awards Scheme. …
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BusinessEconomyEnergyGovernanceLabourOil & Gas
IPMAN President Urges Dialogue as DAPPMAN, NUPENG Clash with Dangote Refinery
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, has called on the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Nigerian …
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EconomyEnergyManufacturingOil & Gas
DICON, Oida Energy to Build Nigeria’s First Oilfield Shaped Charge Factory
The Defence Industries Corporation of Nigeria (DICON) has signed a Memorandum of Understanding (MoU) with Oida Energy Limited to set up Nigeria’s first oilfield shaped charge manufacturing facility. The deal, …
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ClimateEconomyEnergyGhanaLeadershipOil & GasRegional Cooperation
GNPC Boss Kwame Ntow Amoah Becomes APPO Chairman
Mr Kwame Ntow Amoah, Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), has pledged to strengthen cooperation among Africa’s oil-producing nations after assuming the role of Chairman of …
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BusinessEconomyEnergyOil & Gas
NCDMB Urges WAV, Other Indigenous Firms to Explore Deepwater Oil and Gas Opportunities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Ogbe, has called on leading Nigerian oil and gas service providers to direct more of their …
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BusinessEconomyInternational TradeMaritimeOil & GasSecurity
Stakeholders Lament $1.5bn War Risk Insurance Burden Despite Improved Maritime Security
Despite Nigeria’s removal from piracy-prone and high-risk maritime zones, shipowners are still paying heavy war risk insurance premiums on Nigeria-bound cargoes. Stakeholders say the charges, which have cost the country …
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BusinessEnergyGovernanceInternational RelationsOil & Gas
NNPC Congratulates Maryamu Idris on Appointment as Nigeria’s OPEC National Representative
The Nigerian National Petroleum Company Limited (NNPC) has congratulated Mrs. Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). The appointment, …