Big Oil

Nigeria’s Oil Regulator Initiates Evaluation of Shell’s Onshore Asset Divestment

ABUJA, April 29 - The Nigerian Upstream Petroleum Regulatory Commission commenced the assessment of Shell's 75-year-old onshore assets divestment to Renaissance company, marking a...

PetroChina Struggles to Unload U.S. Crude at Dangote’s Nigerian Refinery

Chinese state energy giant PetroChina has faced challenges unloading a cargo of U.S. crude at Nigeria's new refinery, with payment issues causing a nearly...

Oando Plc Pledges to Ramp Up Oil Production Following $78.71 Billion Loss in 2022

Oando Plc has announced its commitment to enhancing oil production and increasing cash inflows as part of its strategy to regain profitability. The Group...

Dangote Refinery to Reshape Atlantic Basin Gasoline Markets

Dangote Refinery Operations Hit 300,000 Barrels per Day Amid US Oil Imports Wood Mackenzie Forecasts Dangote Refinery's Gasoline Production to Begin in May ...

Sahara Group installs wind turbines at Egbin Power to reduce carbon footprint

  Leading energy and infrastructure conglomerate, Sahara Group has moved to prevent annual estimated emission of 35,793,360g of CO2 through the installation of wind turbines...

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