The ongoing crisis in the Middle East has sent shockwaves through global oil markets, leading to significant increases in petrol and diesel prices across Indian cities. As the conflict esca…
The escalating conflict between the US and Iran is poised to ripple through global economies, with India as a focal point. As tensions mount in the Middle East, experts warn of cascading ef…
In a recent analysis, Sridhar Sivaram highlighted the geopolitical tensions in West Asia, urging investors to adopt a selective approach. The insights came during a conference on global eco…
The Nigerian Senate has successfully passed the much-anticipated Petroleum Industry Amendment Bill, a legislative move aimed at revitalising the country’s ailing local refining capacity. This decis…
Dangote Petroleum Refinery has announced an upward review of its Premium Motor Spirit (PMS) prices, commonly referred to as petrol, in response to escalating global crude oil prices. The ref…
Umar Idris Shuaibu, Kano The Federal Government says Dangote Petroleum Refinery will commence the distribution of premium motor spirit (PMS), also known as petrol, on Sunday. Wale Edu…
In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petro…
In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron Niger…
Nigerian businessman, Tony Elumelu says the government and security agents in Nigeria should be able to tell Nigerians who steal the country’s crude oil, especially using vessels that move through …
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has stated that his $20bn Dangote Petroleum Refinery was built to use Nigerian crude and add value to it within the country…
The Federal Government on Monday said it had created centres across the country where Nigerians can purchase a 50kg bag of rice for N40,000. The Minister of Information and National Orientat…
The Federal Executive Council (FEC) has approved the sale of Crude oil to Dangote Refinery and other local Refineries in naira instead of dollars. This was disclosed to State House Reporters…
