Oil & Gas

Petrol Not Cheap In Nigeria, IPMAN Counters Dangote

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that Premium Motor Spirit (PMS), also known as petrol, is not cheap in Nigeria. IPMAN spokesperson, Chinedu Ukadike, stated this while reacting

Victor Ezeja

June 11, 2025

Cooking Gas Crisis: Will Nigeria's LPG Export Ban Be The Solution?

Business·Oil & Gas

More Trouble For Nigerian Households As Cooking Gas Price Rises Further

Nigeria’s already struggling households are in for deeper hardship as Liquefied Petroleum Gas (LPG), also known as cooking gas, prices continue to surge, worsening inflation, hunger, and energy poverty. The latest price

Victor Ezeja

June 10, 2025

Business·Oil & Gas

Expert Predicts Further Petrol Price Drop In June, July Amid Competition, Naira Stability

Economist and Chief Executive Officer of Financial Derivatives Company (FDC), Mr Bismarck Rewane, has predicted that the price of Premium Motor Spirit (PMS), also known as petrol and diesel, may drop in

Victor Ezeja

June 8, 2025

NUPRC Data Contradicts NNPC’s 1.8m bpd Celebrated Output Figures, Indicates 1.53m Daily Production

Business·Oil & Gas

2024 Oil Block Licensing Round: We Didn’t Violate Guidelines – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted allegations that it violated the licensing guidelines during the 2024 Oil Block Licensing Round. NUPRC explained that the entire process was conducted in

Victor Ezeja

June 7, 2025

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business·Oil & Gas

PMS, Diesel Price Hike Looms As Govt Pushes For 5% Road Use Charge

As the Federal Ministry of Works and the House of Representatives push for the implementation and remittances of a five per cent road user charge to be factored into fuel and diesel

Victor Ezeja

June 4, 2025

Dangote Refinery Is A Model For Africa’s Industrialisation – ECOWAS

News·Oil & Gas

Dangote Refinery A Model For Africa’s Industrialisation – ECOWAS

The Economic Community of West African States (ECOWAS) has described the Dangote Petroleum Refinery as “beacon of hope” for Africa’s industrial future. President of the ECOWAS Commission, H.E. Dr Omar Alieu Touray, made

Victor Ezeja

June 2, 2025

Business·Oil & Gas

Shell Acquires 12.5% Stake In Bonga Field From TotalEnergies For $510m

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell Plc, has signed an agreement with TotalEnergies EP Nigeria Limited, to acquire its 12.5 per cent stake in the OML 118

Victor Ezeja

May 30, 2025

Business·Oil & Gas

Port Harcourt Refinery Shutdown Sparks Fuel Price Concerns

The National President of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), Mr Billy Gillis-Harry, has expressed concerns about the potential negative impact of the shutdown of the Port Harcourt

Victor Ezeja

May 26, 2025

Business·Oil & Gas

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Nigerians have reacted to the latest reduction in the pump price of Premium Motor Spirit (PMS), also known as petrol, by the Dangote Petroleum Refinery. While some hailed the 650,000 barrels per

Victor Ezeja

May 23, 2025

Dangote Counters NMDPRA’s Inferior Diesel Allegations, Invites Regulators To Test Refinery’s Products

Business·News·Oil & Gas

Dangote Pledges PMS Price Stability Despite Global Crude Oil Price Fluctuations

Dangote Refinery has pledged its commitment to ensuring stability in the price of Premium Motor Spirit (PMS), also known as petrol, in Nigeria despite fluctuations in prices of crude oil in the

Victor Ezeja

May 20, 2025

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Oil & Gas

Petrol Not Cheap In Nigeria, IPMAN Counters Dangote

More Trouble For Nigerian Households As Cooking Gas Price Rises Further

Expert Predicts Further Petrol Price Drop In June, July Amid Competition, Naira Stability

2024 Oil Block Licensing Round: We Didn’t Violate Guidelines – NUPRC

PMS, Diesel Price Hike Looms As Govt Pushes For 5% Road Use Charge

Dangote Refinery A Model For Africa’s Industrialisation – ECOWAS

Shell Acquires 12.5% Stake In Bonga Field From TotalEnergies For $510m

Port Harcourt Refinery Shutdown Sparks Fuel Price Concerns

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Dangote Pledges PMS Price Stability Despite Global Crude Oil Price Fluctuations

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