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Nigeria: Shell Divestment Plan Sparks Protests in Bayelsa/in /by
[Daily Trust] The planned by Shell to sell its Nigerian subsidiary by Shell Petroleum Development Company (SPDC) and other multinational oil companies without cleaning up the pollution in the Niger Delta communities and restore ecosystem has sparked up protests in Bayelsa State.
Nigeria: Aiteo At 25 – From Oil Fields to World Markets, Benedict Peters Charts Daring Conquests/in /by
[This Day] There is a lesson to learn in AITEO's blooming. At 25, the oil firm manifests the repute of an industry giant. Amid the sprawling expanse of Africa's oil sector, AITEO towers impressively and quite formidably.
Nigeria: At 157.56 Percent Return Ytd, Oil/Gas Emerge Best Performing Index On Ngx/in /by
[This Day] The Nigerian Exchange Limited's Oil & Gas Index is positioned to lead the Banking, Consumer Goods among other indices as the best performing indicator on the local bourse in 2024.
Nigeria: Again, Dangote Refinery Announces Reduction in Price of Petrol/in /by
[Premium Times] The company said the reduction is designed to ease transport costs during the festive period.
Nigeria: Port Harcourt Refinery Overhaul – Former NNPC Gmds Commend Strides/in /by
[Leadership] Amid ongoing scepticism and criticism surrounding the revamp of the Port Harcourt Refinery, former group managing directors (GMDs) of the Nigerian National Petroleum Company Limited (NNPC Ltd) have commended the efforts of the current management team, led by Mele Kyari.
Nigeria: FG to Sell New Oil Wells in 2025/in /by
[Leadership] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a 2025 licensing round, activating the 'Drill or Drop' clause from the Petroleum Industry Act (PIA) 2021, which emphasising a three-year deadline for oil operators to commence production or relinquish their licenses.
Nigeria: We Agreed On Sale of 20 Percent Stake At $2.76bn – Dangote Refinery/in /by
[Vanguard] THE Dangote Petroleum Refinery, yesterday, said the initial plan was for the Nigerian National Petroleum Company Limited, NNPCL, to buy 20 per cent stake at the refinery at $2.76 billion.
Nigeria: $1bn Loan – Your Statement Misleading, Dangote Replies NNPCL/in /by
[Daily Trust] The Dangote Petroleum Refinery on Wednesday clarified its partnership with the Nigerian National Petroleum Company Limited (NNPCL), explaining that it agreed on the sale of a 20% stake at a value of $2.76 billion.
Kenya: Detectives Seize Over 12,000 Litres of Ethanol in Busia/in /by
[Capital FM] Nairobi -- Detectives in Busia have seized 12,750 litres of ethanol concealed in a vehicle transporting the substance from a neighboring country.
Nigeria: Dangote Refinery Speaks On NNPC’s $1 Billion Loan/in /by
[Premium Times] The Dangote Refinery said that the NNPC Ltd's $1 billion investment was not made to support the refinery during liquidity challenges, but rather to acquire a 7.24 per cent stake in the refinery.