Oil & Gas

Nigeria shelves 15% fuel import tax seen as protecting Dangote Refinery

The Nigerian government has suspended the planned implementation of a 15% import duty on...

Tinubu slaps new tax on fuel imports, a major boost for Dangote Refinery

President Bola Tinubu has approved a 15% import duty on petrol and diesel, a...

Oil prices jump after U.S. imposes new sanctions on Russia

Oil prices surged on Thursday after U.S. President Donald Trump unveiled sweeping sanctions against...

Petrol nears ₦1,000 as depot owners exploit Dangote refinery supply glitch

Nigeria’s long-running battle with fuel scarcity has entered another round, this time, driven not...

Nigeria’s lost 16% of oil output during strike over Dangote Refinery job cuts

Nigeria’s crude and gas production dropped sharply during a short-lived strike by oil workers...

PENGASSAN suspends strike as Dangote Refinery agrees to recall workers

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its...

Nigeria moves to rewrite oil law PIA, stripping NNPC of contract control

The Nigerian government is preparing its first major overhaul of the Petroleum Industry Act...