Industry

A senior Nigerian National Petroleum Company (NNPC) Limited official has been slammed with bribery and tax-related charges in the United States, court filings have revealed. A jury recently returned a three-count indictment against…
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Nigerian political economy professor and management expert, Pat Utomi, has criticised the Nigerian National Petroleum Company Limited (NNPC) for corruption, stating that the reported fuel consumption in the country is often…
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The Nigerian Senate has vowed to expose saboteurs in the nation’s petroleum sector and those responsible for the importation of toxic fuel into the country. The Senate ad-hoc committee constituted to investigate the alleged economic…
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Aliko Dangote, Africa’s wealthiest individual, has sought the mediation of Gilbert Chagouri, a Lebanese associate of President Bola Tinubu, to resolve his deteriorating relationship with the President and address challenges in the oil…
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...Net profit shed seven per cent year-on-year in April-June, to $3.8 billion French oil heavyweight TotalEnergies on Thursday reported slumping profits in the second quarter, blaming lower margins in refining and falling sales and…
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The Petroleum Tanker Drivers Branch of the Nigerian Union of Petroleum and Natural Gas Workers (PTD-NUPENG) has denied plans to embark on a strike in support of the planned August 1 nationwide protest.National Chairman Comrade…
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...Says they only flared Port Harcourt With RPG A Nigerian lawyer and Energy Consultant, Liborous Oshoma has alleged that NNPC's primary focus should be on revitalizing existing refineries rather than considering the purchase of the…
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The Nigerian National Petroleum Company (NNPC) Limited's Audited Report for 2022 showed they paid for 20% shares in Dangote Refinery – Dangote disputes it. Under Buhari’s government, the oil company committed to invest $2.7bn and buy…
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...Seek Close Collaboration Senator Onyesoh Allwell Heacho; Chairman of the Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan and Executive Secretary NCDMB, Engr.  Felix Omatsola Ogbe at the 3-day Local Content retreat…
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The former federal lawmaker representing Kaduna Central in the red chamber of the National Assembly, Senator Shehu Sani has stated that it has been confirmed that Dangote’s refinery products are of higher quality than the imported…
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