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Oil & Gas - Page 12

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

News·Oil & Gas

Nigeria To Lay 24-Inch Gas Pipeline In Major Infrastructure Push

The Nigeria Gas Infrastructure Company, a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), in partnership with Fradro Gas & Power, is set to embark on a major infrastructure project. The company plans to lay a 24-inch, 600 mmscfd gas pipeline

April 16, 2025

Business·Oil & Gas

Ghana Poised For Energy Renaissance As EXPLORCO Targets Voltaian Basin

Ghana’s energy sector is on the cusp of a major breakthrough as EXPLORCO, the exploration arm of the Ghana National Petroleum Corporation (GNPC), prepares to drill its first exploration well in the Voltaian Basin in the first quarter of 2026. This historic

April 16, 2025

Business·Oil & Gas

Nigeria’s Oil Production Declined By 4% To 1.4m bpd In March

Nigeria’s crude oil production dropped by 4 per cent to 1,400,783 barrels per day (bpd) in March 2025. This is according to the latest crude oil and condensate production data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The NUPRC report,

April 12, 2025

Business·News·Oil & Gas

Dangote Refinery Slashes Petrol Price To N865 As FG Promises To Continue Naira-for-crude Deal

Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) also known as petrol to N865 per litre. This comes after about two weeks, it increased its ex-gantry price of petrol to N880 per litre. Prime Business Africa gathered that

April 10, 2025

Business·Oil & Gas

NNPCL Raises Petrol Price To N950/litre

The Nigerian National Petroleum Company Limited (NNPCL) has finally joined other oil marketers in raising the price of Premium Motors Spirit (PMS), also known as petrol. With effect from 2 April 2025, the national oil company increased the prices of petrol to

April 4, 2025

Business·Oil & Gas

Petrol Pump Price Hits N970 After Naira-for-crude Deal Suspension

In the aftermath of the recent suspension of the Naira-for-crude deal between Dangote Refinery and the Nigeria National Petroleum Company Limited (NNPC), the pump price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to almost ₦1,000 per litre. Prime

March 31, 2025

Oil & Gas·Top Stories

How Nigeria Plans To Cut Fossil Fuel Dependence By 2035: What It Means For You

Nigeria, Africa’s largest oil producer, has long depended on fossil fuels for energy and economic stability. However, with global climate concerns, fluctuating oil prices, and the push for sustainable energy solutions, the country is strategically trying to transition towards cleaner alternatives. Over

March 29, 2025

Business·News·Oil & Gas

Port Harcourt Refinery Marks Six Months Of Continuous Operation After 20 Years Dormancy

The Port Harcourt Refinery has completed six months of uninterrupted operation after being dormant for over two decades. This marks a major achievement in Nigeria’s ongoing efforts to revive its refining capacity and reduce dependence on imported petroleum products. A Step Towards

March 28, 2025

Business·News·Oil & Gas

Nigerian Lawmakers Push Bill to Hand Over Control of Oil, Gas Resources To States

Nigerian lawmakers are pushing for a major change in the governance of oil and gas resources. A bill before the House of Representatives seeks to remove the federal government’s exclusive control over these resources and transfer them to the concurrent legislative list.

March 27, 2025

Business·News·Oil & Gas

Dollar-for-Crude: PETROAN Rejects Dangote Refinery’s Dollar Sale Policy

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has strongly opposed the decision of Dangote Petroleum Refinery to sell refined petroleum products in dollars. The association is urging the Federal Government to prevent the refinery from enforcing the dollar-based pricing

March 26, 2025

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The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

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

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Oil & Gas - Page 12

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Nigeria To Lay 24-Inch Gas Pipeline In Major Infrastructure Push

Ghana Poised For Energy Renaissance As EXPLORCO Targets Voltaian Basin

Nigeria’s Oil Production Declined By 4% To 1.4m bpd In March

Dangote Refinery Slashes Petrol Price To N865 As FG Promises To Continue Naira-for-crude Deal

NNPCL Raises Petrol Price To N950/litre

Petrol Pump Price Hits N970 After Naira-for-crude Deal Suspension

How Nigeria Plans To Cut Fossil Fuel Dependence By 2035: What It Means For You

Port Harcourt Refinery Marks Six Months Of Continuous Operation After 20 Years Dormancy

Nigerian Lawmakers Push Bill to Hand Over Control of Oil, Gas Resources To States

Dollar-for-Crude: PETROAN Rejects Dangote Refinery’s Dollar Sale Policy

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