Oil and Gas
-
Dangote Refinery swings to $4.73bn profit as cash flow strengthens
Dangote Petroleum Refinery and Petrochemicals has reported a sharp improvement in its financial performance, posting a net profit of $4.73…
Read More » -
Energy Ventures B.V. gets FG’s nod to deploy flared gas for electricity in N/Delta
L-R: Chief Executive Officer, Energy Ventures B.V., Herbert Okibe; Minister of Power, Joseph Tegbe; Chief Commercial Officer, Yvonne Te Wierik-Chioke;…
Read More » -
Heirs Energies, AGTC’s flare gas-to-power for 80,000 Niger Delta homes
With the Federal Government’s backing and a site provided by Heirs Energies, Africa Gas Technology Company is preparing to pilot…
Read More » -
UBA offers customers $20,000 loans to buy shares in Dangote Refinery
The facility could help more retail investors participate in Africa’s largest-ever share sale, amid strong demand for the offering. Investors…
Read More » -
AfricaGTC, Dutch energy firm to capture, deploy Nigeria’s flared gas
Africa Gas Transport Company Limited (AfricaGTC), backed by Dutch clean-energy company, Energy Ventures B.V., is set to harness flared gas…
Read More » -
Why Dangote Refinery is expanding free fuel delivery to Kano, Imo, Others
Dangote Petroleum Refinery and Petrochemicals is extending its free petroleum products delivery programme to Kano, Imo, Anambra and Nasarawa States…
Read More » -
Nigeria exceeds OPEC production target
By Testimony Faleye Nigeria has recorded its highest crude oil production level in more than six years after surpassing…
Read More » -
Fidelity Bank deepens support for oil, gas sector with SNEPCo Contractor finance facility
L – R: Mr. Abolore Solebo, Executive Director, Corporate Bank; Dr. Nneka Onyeali-Ikpe, Managing Director/Chief Executive Officer (both of Fidelity…
Read More » -
Global gas flaring climbs to six-year peak, $54bn in energy losses
By Ayodeji Babatunde with World Bank report Global gas flaring increased for the third consecutive year in 2025, reaching its…
Read More » -
Africa’s largest bank backs Dangote Refinery IPO
L – R: Wole Adeniyi, Chief Executive, Stanbic IBTC Bank; Yinka Sanni, Chairman, Stanbic IBTC Bank; Devakumar V. G. Edwin,…
Read More »