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Oil & Gas - Page 11

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

News·Oil & Gas·Top Stories

Dangote Refinery Highlights Fuel Distribution Capacity, Warns of Rising Costs from Coastal Logistics

Dangote Refinery has outlined key facts about its fuel production and distribution operations, warning that increased reliance on coastal transportation could significantly raise petrol prices and impose a heavy cost burden on the Nigerian economy, Prime Business Africa reports. In a press

February 6, 2026

News·Oil & Gas·Top Stories·World News

Crude Oil Prices Climb to $68 Amid Middle East Tensions

Global crude oil prices rose sharply on Thursday, reaching their highest level since September 2025, amid concerns that tensions between the United States and Iran could disrupt supply. Brent crude, the international benchmark, increased 2.2% to $68.88 per barrel, while US West

January 29, 2026

Diaspora·News·Oil & Gas·Top Stories

UK Court Puts Alison-Madueke on Trial Over Alleged Oil-Sector Bribes

Former Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke, on Tuesday appeared before a London court and entered a not-guilty plea to multiple bribery charges linked to her time at the helm of Nigeria’s oil sector, Prime Business Africa reports. Opening the case

January 28, 2026

News·Oil & Gas·Top Stories

NNPC Ltd, Chevron Celebrate Major Hydrocarbon Discovery in Niger Delta

The Nigerian National Petroleum Company Limited (NNPC Ltd) has hailed Chevron Nigeria Limited (CNL) for the successful completion of the Awodi‑07 appraisal and exploration well in the shallow offshore western Niger Delta, Prime Business Africa reports. The well, drilled as part of

January 26, 2026

Business News·Diaspora·News·Oil & Gas

Oranto Petroleum Rejects Senegal Government’s Claims on Offshore Licences

Oranto Petroleum has dismissed what it described as a “false narrative” by the Government of Senegal over the St Louis and Cayar offshore oil and gas licences previously operated by the company, insisting it complied with its contractual obligations and invested heavily

January 25, 2026

News·Oil & Gas·Top Stories

Elumelu Appointed Seplat Energy Non-Executive Director as Board Restructures

Seplat Energy Plc has appointed billionaire investor and philanthropist, Mr Tony O. Elumelu, CFR, as a Non-Executive Director on its Board, with effect from January 22, 2026, following recent changes in the company’s ownership structure. The appointment comes on the heels of

January 23, 2026

News·Oil & Gas·Startup·Top Stories

Seplat’s ANOH Gas Plant Delivers First Gas, Begins Domestic LPG Supply

Seplat Energy Plc has recorded a major milestone in Nigeria’s gas development drive with the commencement of production at its 300 million standard cubic feet per day (MMscfd) Assa North–Ohaji South (ANOH) gas processing plant, marking the delivery of first gas to

January 20, 2026

News·Nigeria·Oil & Gas·Top Stories

NNPC Sets 2026 Agenda After Record Oil Output

Nigeria’s state oil company, NNPC Limited, has reported record production and outlined plans to drive investment and operational efficiency in 2026. In a New Year address to staff, Group Chief Executive Officer Bashir Bayo Ojulari highlighted milestones from 2025, including upstream oil

January 19, 2026

Business News·News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery Dismisses Shutdown Claims

Dangote Petroleum Refinery has denied reports that it is shutting down for maintenance, insisting that production is continuing and that supplies of petrol remain stable. In a statement, the company described the reports as “false and misleading”, saying operations at the refinery

January 15, 2026

Business News·News·Oil & Gas·Top Stories

Dangote Refinery Prices, Import Surge Highlight Market Tensions

Industry data suggest that delays in adjusting Dangote Refinery’s petrol depot price contributed to a surge in fuel imports by marketers in November 2025. Analysis of the pricing data shows that under an October agreement, the refinery limited direct sales to independent

January 11, 2026

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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 11

Uganda Targets First Pearl Sweet Crude Export in December

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

Dangote Refinery Highlights Fuel Distribution Capacity, Warns of Rising Costs from Coastal Logistics

Crude Oil Prices Climb to $68 Amid Middle East Tensions

UK Court Puts Alison-Madueke on Trial Over Alleged Oil-Sector Bribes

NNPC Ltd, Chevron Celebrate Major Hydrocarbon Discovery in Niger Delta

Oranto Petroleum Rejects Senegal Government’s Claims on Offshore Licences

Elumelu Appointed Seplat Energy Non-Executive Director as Board Restructures

Seplat’s ANOH Gas Plant Delivers First Gas, Begins Domestic LPG Supply

NNPC Sets 2026 Agenda After Record Oil Output

Dangote Refinery Dismisses Shutdown Claims

Dangote Refinery Prices, Import Surge Highlight Market Tensions

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

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Oil & Gas - Page 11

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