Energy

Oil prices fall after Iran downplays Israeli strikes

Oil prices tumbled more than $3 a barrel on Monday, October 28, 2024, after Israel's retaliatory strike on Iran over…

2 years ago

Troops arrest 35 oil thieves, destroy 58 illegal refineries

The troops of the Nigerian Army have arrested 35 suspected oil thieves for allegedly operating illegal refineries and breaking into…

2 years ago

Dangote invests over $280m in CNG trucks, becomes largest operator

Dangote Cement Plc has invested more than $280 million in compressed natural gas (CNG) technology and infrastructure in Nigeria. Dangote…

2 years ago

OceanGate seals multibillion-dollar deal with Global Petroleum Group

Grenada is set to become a major energy hub as Oceangate Oil and Gas Engineering has secured a historic multibillion-dollar…

2 years ago

4 PENGASSAN members die in Rivers helicopter crash

No fewer than four members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have been confirmed…

2 years ago

Troops destroy 47 illegal refineries in one week

The troops of Operation Delta Safe have destroyed 47 illegal refining sites across the Niger Delta region of the country…

2 years ago

FG approves ExxonMobil’s $1.28bn assets divestment to Seplat

The Federal Government has announced the approval of ExxonMobil’s $1.28 billion divestment of its oil and gas assets to Seplat…

2 years ago

Dangote speaks on suit against NNPCL, oil coys, N100bn damages

The Dangote Petroleum Refinery and Petrochemicals has clarified on its suit against the Nigeria National Petroleum Corporation Limited (NNPCL) and…

2 years ago

Fuel import: Dangote Refinery sues NNPCL, NMDPRA, seeks N100bn damages

The Dangote Petroleum Refinery and Petrochemicals has prayed a Federal High Court in Abuja to nullify import licences issued to…

2 years ago

Elumelu: Project 1MMBOPD’ll boost Nigeria’s oil production

The Chairman of Heirs Energies, Tony Elumelu, says Project 1MMBOPD (One million of barrel of oil production per day) will…

2 years ago

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