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Oil & Gas
Dangote Refinery Exports Jet Fuel to Europe
Nigeria’s Dangote refinery has made a historic move by exporting its first jet fuel cargo to Europe.
This signals a significant milestone in the global energy market and showcasing…
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Oando’s Turnover Grew to N3.4trn – Executive officer
An energy solution provider, Oando Plc, has posted a turnover of N3.4 trillion in its 2023 full-year-end unaudited financials. The figure represents an increase of 71 per cent when…
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Nigeria Loses N149bn to One-Day Oil Workers Strike
Nigeria may have lost about N148.8bn in oil revenue on Monday as a result of the industrial action embarked upon by the Organised Labour to protest against the N60,000 minimum wage…
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NNPCL, Indorama Sign Agreement on Gas Supply
Among these many new investments, Indorama Petrochemical Limited pledged a new investment of $8 billion in the expansion of its fertilizer production and petrochemical facility in…
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NEITI Exposes Staggering $8.264 Billion Unsettled Debt in Oil and Gas Sector
In a revelation of paramount significance, the Nigerian Extractives Industries Transparency Initiative (NEITI) announced that the total outstanding financial liabilities in the oil and…
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Oil Firms Consider Remote Monitoring Tools For Pipeline Protection
Key oil and gas experts are gathering in Italy to brainstorm on a number of options to support drive towards securing oil pipelines and improve transportation of oil and gas especially…
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TotalEnergies in Court Over Oil Projects in Uganda and Tanzania
"Cynicism" of TotalEnergies or "obstinacy" of NGOs? The French group was summoned before the Paris court on Wednesday by six NGOs who accuse it of failing in its "duty of vigilance" on…
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Seplat’s 9-month profit jumps 144% to N34 billion amid oil price boom
Seplat says in a separate document it will pay an interim dividend of US2.5 cents per share to stockholders.
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OpEd: Enhancing Nigeria’s Petroleum Products Evacuation
Nigeria is sustainably deploying critical infrastructures to facilitate distribution of petroleum products which had been largely hindered by inadequate conveyor channels.
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IMF: Transparency Crucial for Nigeria to Maximise Benefits from Oil & Gas
Nume Ekeghe
The International Monetary Fund (IMF) has insisted that for Nigeria to benefit from the oil and gas sector with the newly restructured Nigerian National…
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