Browse Category

Oil & Gas

NCDMB Sets Industry Benchmark with Fourth Consecutive Win in PEBEC Business Efficiency Index

The Nigerian Content Development and Monitoring Board (NCDMB) has reinforced its standing as one of the country’s most efficient regulatory institutions after emerging the overall best-performing agency in the Presidential Enabling Business Environment Council (PEBEC) Transparency and Efficiency Index for the fourth

December 3, 2025

Business·News·Oil & Gas·World News

Oil Prices Climb as OPEC+ Holds Output Steady, Geopolitical Tensions Escalate

Global oil prices rose on Monday as OPEC+ reaffirmed its decision to keep production unchanged in the first quarter of 2026, while renewed geopolitical tensions including U.S. airspace restrictions on Venezuela and fresh attacks on vessels and oil infrastructure in the Black

December 1, 2025

Finance & Economy·News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery Sets New Supply Benchmark, Commits to Meeting Nigeria’s Domestic PMS Demand

Dangote Petroleum Refinery has strengthened its bid to stabilise Nigeria’s downstream market with a formal declaration that it is “ready and able” to meet the country’s domestic Premium Motor Spirit (PMS) requirements from December 2025 onward. The company has committed to supplying

December 1, 2025

News·Nigeria·Oil & Gas

NNPCL Posts ₦5.4tn Profit in 2024, Unveils Roadmap to Attract $60bn Investments by 2030

The Nigerian National Petroleum Company Limited (NNPCL) has announced a Profit After Tax (PAT) of ₦5.4 trillion for the 2024 financial year, marking one of its strongest performances since its transition into a limited liability energy company. The details were released by

November 25, 2025

News·Nigeria·Oil & Gas·Top Stories

FG Suspends Planned 15% Import Duty on Petrol, Diesel to Avert Price Surge

The Federal Government has suspended the planned 15 per cent import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), popularly known as petrol and diesel, stepping back from a policy that was expected to raise the landing cost of

November 14, 2025

Africa·Business·News·Nigeria·Oil & Gas

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

Nigeria’s Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, says Africa risks losing billions in potential market value unless oil-producing nations hardwire local content policies into their energy strategies. Speaking at the 4th African Petroleum

November 6, 2025

Business·News·Oil & Gas

FG, IMF in Talks to Develop Transparent Fuel Price Framework, Strengthen Fiscal Resilience

The Federal Government of Nigeria has begun formal discussions with the International Monetary Fund (IMF) to develop a transparent fuel price modulation framework and strengthen the country’s fiscal resilience amid global energy market volatility. The initiative, spearheaded by the Ministry of Petroleum

November 5, 2025

Business·News·Oil & Gas·World News

Interocean Expands Middle East Presence, Opens Regional Office in Dubai’s DMCC

International marine and energy solutions provider, Interocean Marine Services (Interocean), has officially launched a new regional office at the Dubai Multi Commodities Centre (DMCC), signaling a major expansion drive to strengthen its footprint across the Middle East’s energy and maritime sectors. The

November 5, 2025

Business·News·Oil & Gas·Top Stories

Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry

The Refinery currently produces over 45 million liters of PMS and 25 million liters of diesel daily.

November 1, 2025

News·Nigeria·Oil & Gas·Top Stories

Tinubu Backs 15% Fuel Import Tariff, Suspends Rollout Until Naira, Economy Recovers

The Federal Government has approved a 15 per cent ad valorem import duty on petrol and diesel imports but says the policy’s enforcement has been placed on hold until the naira appreciates and international oil prices decline. President Bola Tinubu signed off

October 31, 2025

News·Oil & Gas·Top Stories

NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to train over 10,000 young Nigerians in the most sought-after technical and professional skills in the oil and gas sector, under a new initiative tagged the Oil and Gas Field Readiness

October 26, 2025

1 2 3 … 109 Next

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Oil & Gas

NCDMB Sets Industry Benchmark with Fourth Consecutive Win in PEBEC Business Efficiency Index

Oil Prices Climb as OPEC+ Holds Output Steady, Geopolitical Tensions Escalate

Dangote Refinery Sets New Supply Benchmark, Commits to Meeting Nigeria’s Domestic PMS Demand

NNPCL Posts ₦5.4tn Profit in 2024, Unveils Roadmap to Attract $60bn Investments by 2030

FG Suspends Planned 15% Import Duty on Petrol, Diesel to Avert Price Surge

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

FG, IMF in Talks to Develop Transparent Fuel Price Framework, Strengthen Fiscal Resilience

Interocean Expands Middle East Presence, Opens Regional Office in Dubai’s DMCC

Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry

Tinubu Backs 15% Fuel Import Tariff, Suspends Rollout Until Naira, Economy Recovers

NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

Featured Stories

Nigeria’s State Police Plans: Before We ‘Democratize’ Terrorism…

Barracks Logic: Guinea‑Bissau’s Coup Fuels West Africa’s Military Temptation

New PDP Chair Turaki Launches ‘Era of Discipline’, Confirms Final Expulsion for Wike, Others

Over N1.28trn Gain Recorded As Dangote Cement, NCR Lead NGX Rebound

Whatsapp Channel

Latest News

U.S. Bars Entry for Nigerians Implicated in Attacks on Christian Communities

Senate Confirms Ex-CDS Musa as Defence Minister After Lengthy Screening

Dollar Trades At N1,447.5/$, Pound At N1924.4/£ In Official Window

CBN Raises ATM, POS Cash Withdrawal Limit, Issues 10 Directives To Banks

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

CBN Holds Interest Rate At 27% — Fourth Time In 2025

U.S. Bars Entry for Nigerians Implicated in Attacks on Christian Communities

Suggestions

Oil & Gas

Featured Stories

Follow Us

Whatsapp Channel

Latest News