High debt to suppliers and the lack of liquidity have been cited as challenges to the government's capacity to sustain importing petroleum products. Marketers have also complained ... Read more »
Former President Olusegun Obasanjo has expressed concerns that those currently profiting from Nigeria's fuel importation sector may seek to undermine the Dangote Petroleum Re Read more »
The the push by the Dangote Group to be the sole 'importer' of fuel into Nigeria is not anti-competitive, according to Akinwumi Adesina, a former Nigerian Cabinet Minister who is ... Read more »
Hundreds of people from 10 different countries gathered outside Chinese embassies and financial institutions. They were taking part in a demonstration to urge China to withdraw its ... Read more »
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited (DIL), has said that multinationals are deliberately frustrating the refinery's efforts to buy lo Read more »
Senegal joins the oil-producing countries as Woodside Energy, an Australian compan Read more »
Nigeria relies on crude oil for more than two-thirds of its earnings and about 90% of foreign exchange income, but massive theft in the country's oil-rich heartland is draining ... Read more »
The Supreme Court of Appeal has dismissed, with costs, the appeal by Shell, Impact Africa, and the Department of Mineral Resources and Energy (DMRE), which sought to overturn Read more »
The proposed sale of Shell's onshore oil business in the Niger Delta region of southern Nigeria to Renaissance Africa Energy raises serious concerns about worsening human rights ... Read more »
Shell UK is set to conclude its Nigerian onshore oil and gas interests, selling its subsidiary to a consortium of five mostly local companies for up to U.S.$2.4 billion. The oil ... Read more »
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