Nigeria is set to increase its crude oil refining capacity with three new refineries, adding 140,000 barrels per day to its refining capacity, as part of efforts to reduce reliance on imported petroleum products.
Nigerian National Petroleum Company (NNPC) stops naira-for-crude deal with local refineries, including Dangote, potentially driving up production costs and fuel prices for Nigerians.
Nigerians may face another surge in petrol prices as NNPC stops naira-for-crude deal with local refineries, including Dangote, driving up production costs and putting pressure on the naira.
Discover how Africa's 10 most populous countries generate their power, from hydropower to natural gas, and the challenges they face in expanding electricity access.
The Nigerian National Petroleum Company (NNPC) Limited is negotiating a new naira-for-crude deal with Dangote Petroleum Refinery, following concerns of a potential fuel price hike.
A recent visit by 216 Chinese firms to Nigeria has sparked interest in the country's oil and gas sector, with 74 companies looking to invest, following the signing of the Nigeria-China Relationship Agreement.
Nigeria's oil and gas sector has caught the attention of 74 Chinese companies, signaling a major boost for the industry, following the signing of the Nigeria-China Relationship Agreement.
General Fusion successfully creates plasma in its prototype reactor, marking a crucial step towards achieving commercial fusion power, a goal that has eluded the industry for decades.
Africa's largest refinery, Dangote Petroleum Refinery, is importing crude oil from international suppliers to supplement domestic deliveries, citing insufficient local supply.
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