We Are Petroleum Energy Oil & Gas Nigeria Limited (PENOGAS)

Petroleum Energy Oil & Gas Nigeria Limited (PENOGAS)was established in 2010 by Mr. Oladapo Alade as a fully integrated energy production, trading, distribution, and innovation company. Since inception, the company has been strategically positioned to bridge supply gaps in petroleum products while expanding access to reliable and sustainable energy solutions across Nigeria, West Africa, Africa, and global markets.

PENOGAS operates on a foundation of strategic investment, innovation, sound business principles, transparency, and adherence to international best practices. The company is committed to building sustainable partnerships, delivering genuine petroleum products, and creating measurable value for governments, institutions, corporate clients, and retail markets worldwide.

The Founder and CEO, Mr. Oladapo Alade, is an accomplished international investor based in the United States with extensive networks in the energy and commodities sectors. His global exposure provides PENOGAS with strategic leverage in sourcing, trading, and structuring high-value energy transactions.

Over the years, PENOGAS has built strong industry relationships and engaged government-level consultants and regulatory professionals to ensure smooth licensing, mining approvals, and oil and gas production processes. This enables efficient execution across the entire energy value chain. Africa continues to experience significant supply gaps in petroleum products. With increasing deregulation in several markets, price determination is becoming demand-driven, creating opportunities for credible private-sector players.

PENOGAS has positioned itself strategically by securing regulatory approvals, establishing MOUs across crude, LNG, and refined product operations, and building international refinery partnerships to ensure full transaction-cycle efficiency.