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TINUBU APPROVES FRAMEWORK TO UNLOCK $50BN DEEP OFFSHORE INVESTMENT By: Safiya Abdulrahim Dabban President Bola Ahmed Tinubu has approved a new investment framework aimed at attracting up to $50 billion in fresh deep offshore oil and gas investments and reviving major projects
WEST AFRICAN COUNTRIES URGED TO INVEST IN OIL AND GAS INFRASTRUCTURE By: Safiya Abdulrahim Dabban The West Africa Regulatory Forum (WARF) has urged countries in the region to jointly invest in infrastructure and improve operations in the oil and gas sector to
FIRE SERVICE CONTAINS FIVE-MILLION-LITRE DIESEL TANK FIRE IN APAPA By: Safiya Abdulrahim Dabban The Lagos State Fire and Rescue Service has contained and extinguished a fire involving a five-million-litre diesel storage tank at Bono Energy Terminal, located within the Ibru Jetty Complex
NIGERIA’S RELIANCE ON LOCAL CRUDE RISES AS IMPORTS DROP IN APRIL By: Safiya Abdulrahim Dabban Nigeria recorded a sharp decline in crude oil imports for domestic refining in April 2026, as local crude supply continued to dominate refinery operations across the country.
DANGOTE REJECTS NNPC’S MOVE TO ACQUIRE MORE SHARES IN REFINERY By:.Safiya Abdulrahim Dabban President of Dangote Group, Alhaji Aliko Dangote, has revealed that the company turned down attempts by the Nigerian National Petroleum Company (NNPC) Limited to increase its stake in the
NUPENG FLAGS RISING JOB LOSSES, RIGHTS VIOLATIONS IN OIL SECTOR By: Safiya Abdulrahim Dabban The Nigeria Union of Petroleum and Natural Gas Workers has raised concerns over increasing job losses and alleged suppression of workers’ rights in Nigeria’s oil and gas industry.
FILLING STATION EXPLOSION KILLS TWO, INJURES THREE IN PLATEAU By: Safiya Abdulrahim Dabban Two persons have been confirmed dead and three others injured following an explosion at a filling station in Daffo District, Bokkos Local Government Area of Plateau State. The Plateau
OIL SURGES ABOVE $100 AS IRAN WAR ESCALATES By: Safiya Abdulrahim Dabban Global oil prices rose above $100 a barrel as the war involving Iran entered its third week, raising fears of supply disruption in the key Strait of Hormuz. Crude prices
TINUBU ORDERS DIRECT REMITTANCE OF OIL, GAS REVENUES TO FEDERATION ACCOUNT By: Safiya Abdulrahim Dabban Bola Ahmed Tinubu has signed a sweeping Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, aiming to plug leakages, boost
DANGOTE REFINERY CAN SUPPLY FUEL ABOVE NIGERIA’S DEMAND By: Safiya Abdulrahim Dabban Dangote Petroleum Refinery has confirmed it can supply 75 million litres of petrol, 25 million litres of diesel, and 20 million litres of aviation fuel daily, well above Nigeria’s estimated