[Premium Times] President Tinubu said the federal government's interventions in the oil and gas sector will safeguard and enhance the value of investments.
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[Vanguard] Oil marketers said they are waiting for the $20 billion Dangote Refinery to present modalities, drafted to guide the lifting of its petroleum products.
[Vanguard] In the run-up to the 2023 general elections, one of the hotly debated issues was the removal of fuel subsidy. Presidential candidates vowed to remove upon assuming office. Subsequently and in the presidential inauguration address on 29 May, 2023, President Bola Ahmed Tinubu, announced, "...fuel subsidy is gone."
[allAfrica]
[Daily Trust] Nigeria's non-oil export has dropped by over $300 million from $4.8 billion in 2022 to $4.5 billion in 2023, the Nigerian Export Promotion Council (NEPC) has disclosed.
[DW] A plan by Shell to sell off a Nigerian subsidiary has to be approved by the government in Abuja. The energy multinational says it wants to restructure. Activists see a bid to avoid paying up for decades of pollution.
[allAfrica] Cape Town -- British oil company Shell's increasing challenges with pipeline sabotage, lawsuits and environmental damages claims against subsidiary Shell Nigeria, may be some of the reasons for it to conclude nearly a century of operations in the Nigerian onshore oil and gas sectors.
[Daily Trust] Shell Plc has agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion.
[Leadership] The group chief executive, Oando Group, Adewale Tinubu has congratulated Aliko Dangote, President of Dangote Group over the commencement of production at Dangote Refinery.
[Daily Trust] In a move to boost efficiency and productivity, the Nigerian National Petroleum Company Limited (NNPCL) is seeking to transfer the operations of the Port Harcourt Refinery to a private entity.
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