May 19, 2025DocumentaryDownstreamFinanceGasGreen FinanceImpactMidstreamNewsOil & GasSpecial Project

11 Plc approves ₦3.34bn final dividend for FY 2024, declares 925 Kobo per share

… records modest growth, boosts green energy drive via CNG partnership with NIPCO gas Oredola Adeola 11 Plc (formerly Mobil Oil Nigeria) has approved a final dividend payout of ₦3,335,506,164.25 (₦3.34 bn) for the financial year 2024, representing 925 kobo…

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May 9, 2025DownstreamMidstreamNewsOil & GasUpstream

NNPC, Dangote forge stronger partnership to support Nigeria’s energy security

“There is no competition between us; we are not here to compete with NNPC Ltd” – Dangote Bayo Ojulari reaffirms commitment to sustained collaboration Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP)…

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May 7, 2025DownstreamMidstreamNewsOilUpstream

Nigeria’s economy at risk as crude oil dips below $60 amid OPEC+ surge, big oil supply glut

Professor Iledare forecasts potential budget deficit, sees rising debt exposure amid oil-for-debt commitments Dr. Oni says increased borrowing is likely, raising the debt burden, and repayment risks Damcida foresees Naira devaluation risks if the oil price slump continues into Q3…

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May 6, 2025DownstreamImpactMidstreamNewsOil & GasUpstream

Dangote commends Tinubu for appointing Ojulari, Kida, says new leadership supports his refinery’s needs

… vows to fight oil marketers, traders, cabals to a standstill Oredola Adeola Aliko Dangote, President of Dangote Group, has commended President Bola Tinubu for appointing Mr. Bashir Bayo Ojulari as Group Chief Executive Officer and Mr. Ahmadu Musa Kida…

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April 28, 2025FinanceGasMidstreamNews

NNPC’s NGML initiates process to acquire 5.2mmscfd CNG facility from AXXELA’s GNSL

Oredola Adeola NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has initiated a process to acquire a 5.2 million standard cubic feet per day Compressed Natural Gas (CNG) Mother Station from Gas Network…

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April 17, 2025DocumentaryDownstreamEnergy TransitionMidstreamNewsOil & GasSustainabilityUpstream

NNPCL GCEO, Engr. Ojulari, all-technocrat Board pledge collaborative leadership for industry growth

“Turn your team’s reputation to results, boost crude production- Lokpobiri urges Ojulari Oredola Adeola   Engr. Bashir Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), has reaffirmed his commitment to forging strong…

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April 17, 2025DownstreamMidstreamNewsOil & Gas

Dangote reduces petrol gantry price to N835/L

… as pump price at MRS, Ardova, others drops to N890/L … urges petroleum products marketers, distributors to embrace its top-quality fuel, shun importation   Oredola Adeola Dangote Petroleum Refinery has further slashed the gantry price of Premium Motor Spirit…

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April 14, 2025DocumentaryDownstreamMidstreamNewsReviewSabotageSustainability

Dangote exports 1.7 mb of Jet Fuel to U.S, amid Phillips 66’s Bayway refinery shutdown

… diverts market, finds international outlets as NNPC ends crude-for-Naira deal   Oredola Adeola   The Dangote Refinery and Petrochemical Company has successfully exported 1.7 million barrels of kerosene (jet fuel) to the United States, seizing on an arbitrage opportunity…

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April 14, 2025DocumentaryEnergy TransitionGasGreen FinanceImpactMidstreamNewsUpstream

NGA to host Nigeria Pavilion at WGC2025 in Beijing, showcasing investment-ready opportunities

… to spotlight gas sector progress, “Decade of Gas” agenda   Oredola Adeola The Nigerian Gas Association (NGA) has announced plans to host the Nigeria Pavilion at the 29th World Gas Conference (WGC2025) in Beijing, China, from May 19 to…

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April 7, 2025MidstreamNewsOil & GasSabotageSustainability

Disruption to pipelines may jeopardize host communities’ 3% PIA revenue share — Lokpobiri warns 

Oredola Adeola Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has cautioned oil and gas host communities that any disruption to pipeline operations could threaten the 3 percent revenue share guaranteed to them under the Petroleum Industry Act…

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