Adova Plc

Ardova Plc To Complete Construction of West Africa’s Largest LPG Storage Facility in December...

Ardova Plc recently held a groundbreaking ceremony to commemorate the ongoing construction of its new world-class Liquefied Petroleum Gas (LPG) storage facility at the...
Dangote Refinery and petrochemical industry

Dangote Refinery to begin production in Q3, 2022

The much awaited Dangote Refinery will begin operation in the third quarter of 2022, Alhaji Aliko Dangote, it's owner has disclosed.Dangote who disclosed this...

NEC to decide on fuel subsidy removal in June

The National Economic Council (NEC) has that decision on the removal of subsidy on petroleum will be made in June when the provision for...
Nigeria LNG Limited

Nigeria’s LNG export hit 17.9MMT in 2021, highest in Africa

Nigeria exported 17.9 million metric tons (MMT) of Liquefied Natural Gas (LNG) in 2021 to top African exporters chart.This is according a report published...
Sen. Margrey Chuba-Okadigbo, NNPC board chairman

Buhari names Chuba Okadigbo’s widow Margrey as NNPC board chairman

President Muhammadu Buhari, yesterday announced the appointment of Sen. Margrey Chuba-Okadigbo, wife of the late former President of the Senate, Dr. Chuba Okadigbo, as...

OPEC sets to raise production by 400,000b/d from February

Adebayo ObajemuThe Organization of Petroleum Exporting Countries, OPEC, and non-OPEC partners have come into agreement to further raise output by 400,000 barrels a day...

Nigeria’s 25, 000MW target by 2023 in danger

Adebayo ObajemuAgainst all expectations, Nigeria's plan to achieve 25, 000megawatts target by 2023 may prove a pipe dream as Business Hallmark has learnt.The much...
Haitham Al-Ghais, OPEC secretary general designate

Al-Ghais to succeed Barkindo as OPEC Secretary-General

The Organization of the Petroleum Exporting Countries (OPEC) has appointed Kuwaiti’s Haitham Al-Ghais as its next Secretary-General.OPEC in a statement issued after its special...

Wike orders shutdown of illegal refineries over soot pollution

Rivers State governor, Nyesom Wike, has ordered the shutdown of illegal crude oil refining sites in the state with immediate effect, amid growing soot...

Senate passes bill empowering FG to seize assets acquired illegally for second reading

The Nigerian Senate has passed for second reading, a bill seeking to allow the Federal Government to seize assets acquired by corrupt public...