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Oil & Gas - Page 100

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

Uganda Targets First Pearl Sweet Crude Export in December

September 10, 2026

Uganda expects its first shipment of Pearl Sweet crude to load in December, marking the start of commercial oil exports as production from its Kingfisher and Tilenga fields ramps up towards as

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Africa·News·Oil & Gas·Top Stories

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

September 7, 2026

Nigerian billionaire Aliko Dangote on Monday, Sept. 7, signed documents for an initial public offering of Dangote Petroleum Refinery and Petrochemicals, seeking to raise about 2.15 trillion naira ($1.63 billion) to finance

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business News·Oil & Gas

Petrol Pump Price May Hit N650 – Marketers

The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (lPMAN), Mike Osatuyi, said petrol pump price may rise astronomically as Nigerians could buy fuel at N650 to N700 per litre. Osatuyi said the current price of N170 can more

November 14, 2022

Business News·Oil & Gas

NNPC Boss, Kyari, Calls For Increase In Fuel Price, Says N170 Per Litre Unrealistic

The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has called for increase in fuel price, stating the N170 per litre is no longer realistic. During the Legislative Transparency and Accountability Summit organised by House of Representatives

November 10, 2022

Business News·Oil & Gas

NNPC Boss, Kyari, Receives Death Threat, Amid Firm’s Disagreement With El-Rufai

The Group Managing Director (GMD) of the Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari, has claimed that his life is under threat. Kyari said some persons are threatening his life due to the reform of the NNPC Limited. He said certain

November 9, 2022

FG Struggling To Borrow, As Foreign Investors Prefer US, Germany, Others

Business News·Oil & Gas

Buhari Faces N100 billion Lawsuit, As NNPC Former Chair, Ifeanyi Ararume, Fight Sack

President Muhammadu Buhari has been sued by the former senator representing Imo north, Ifeanyi Ararume, for removing him as board chairman of the Nigerian National Petroleum Company (NNPC) Limited. Ararume was four months into the position when President Buhari replaced him with

November 9, 2022

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Business News·Oil & Gas

El-Rufai Attacks NNPC Again, Blames Firm For Unpaid Salaries In States

Governor Nasir El-Rufai of Kaduna State took another swipe at the Nigerian National Petroleum Company (NNPC) Limited led by Mele Kyari. During the 2022 Tax Dialogue organised by the Kaduna State Revenue Service on Monday, El-Rufai said NNPC Limited’s failure has rendered

November 8, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business News·Oil & Gas

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

Nigeria loses at least 700,000 barrels of crude oil to thieves per day, the Minister of State for Petroleum Resources, Timipre Sylva, has revealed. This compounds the revenue problem of the country. According to Sylva, “Oil theft has denied the country of

October 31, 2022

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

News·Oil & Gas

Petrol Scarcity: Lagos Residents Worry As Queues Return

There is palpable anxiety in the air as residents of Lagos express worry over the sudden emergence of fuel scarcity as observed in long queues that resurfaced in petrol retail outlets in different parts of the city.

October 25, 2022

Business News·Oil & Gas

Cooking Gas Marketers Reveal Panic Buying Could Raise Price In Nigeria

Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) have cautioned Nigerians against buying Liquefied Petroleum Gas (LPG), known as cooking gas, in panic, amid fear of scarcity. There have been reports of possible scarcity of cooking gas after flood in over 20

October 24, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business News·Oil & Gas

NNPC Limited Restructures Executive Director Roles

The Executive Director position in the Nigerian National Petroleum Company (NNPC) Limited is now referred to as Executive Vice President in line with the re-branding efforts of its management. NNPC Limited re-branded the position to align with the Petroleum Industry Act (PIA) signed

October 23, 2022

Nigeria's September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

Business News·Oil & Gas

FG To Start Collecting Landing, Take-off Fees From Oil Firms’ Helicopters

In a bid to increase its revenue generation, the Federal Government has inaugurated a team to collect landing and take-off fees from helicopters operating on all oil platforms within the country. According to report, representatives of Police, Department of State Services (DSS),

October 20, 2022

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Only one of five pharmaceutical firms listed on the Nigerian

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Oil & Gas - Page 100

Uganda Targets First Pearl Sweet Crude Export in December

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

Petrol Pump Price May Hit N650 – Marketers

NNPC Boss, Kyari, Calls For Increase In Fuel Price, Says N170 Per Litre Unrealistic

NNPC Boss, Kyari, Receives Death Threat, Amid Firm’s Disagreement With El-Rufai

Buhari Faces N100 billion Lawsuit, As NNPC Former Chair, Ifeanyi Ararume, Fight Sack

El-Rufai Attacks NNPC Again, Blames Firm For Unpaid Salaries In States

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

Petrol Scarcity: Lagos Residents Worry As Queues Return

Cooking Gas Marketers Reveal Panic Buying Could Raise Price In Nigeria

NNPC Limited Restructures Executive Director Roles

FG To Start Collecting Landing, Take-off Fees From Oil Firms’ Helicopters

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