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Oil & Gas - Page 122

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

October 13, 2026

Fuel shortages in Malawi have entered a second week, forcing motorists to sleep in queues at petrol stations and leaving taxi and minibus operators unable to work as supplies dwindle, Prime Business

Africa·Business News·Oil & Gas·Top Stories

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

October 13, 2026

Angola’s state-owned oil company Sonangol is continuing preparations for a planned initial public offering (IPO), with internal work focused on ensuring the sale delivers value to prospective shareholders, Executive Board Member Osvaldo

Oil & Gas·News

DPR Shuts 13 Gas Stations In Akwa Ibom State

No fewer than 13 cooking gas stations were sealed in July by the Department of Petroleum Resources(DPR), Eket Field Office, for illegal operation. This was disclosed on Thursday by Operations Controller if DPR, Mr Victor Ohwodiasa in Akwa Ibom. Ohwodiasa said the

July 29, 2021

Oil & Gas·News

Oil Price Gains 0.54%, Closes At $75

Brent Crude on Monday gained 0.54% to close at $74.5 per barrel, with WTI also recorded a 0.31% increase in price and Bonny Light growing 1.27% to close at $72.8 per barrel. However, Natural gas recorded a decline of 0.07% to close

July 27, 2021

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Oil & Gas·News

Benue, Abia Record Highest Petrol Prices

CONSUMERS of premium motor spirit (PMS) in Benue, Abia and Cross Rivers states paid the highest price per litre last month, data by the National Bureau of Statistics have revealed. In Benue, the average price of PMS in June was N183.29, a

July 26, 2021

Oil & Gas·News

GAS FLARING: Nigeria Among Top Seven ‘Law Breakers’

…Stop the killings, don’t flare gas except during emergencies, Bassey warns Nigeria is among top seven gas flaring countries for nine years running, according to World Bank’s gas flaring satellite data from 2020 released in April 2021. Gas flaring has been a

July 23, 2021

Oil & Gas·News

Nigerians Reel Under High Cost Of Cooking Gas

The surge in costs of cooking gas is a major source of worry to many Nigerians, who now purchase gas at very high prices. In less than months, prices jumped by as much as 45 percent, from N4700 (for 12.5kg cylinder) to

July 23, 2021

Oil & Gas·News

Nigeria Set To Lose N319.56bn To Gas Flaring By End Of Year

Nigeria stands to lose as much as N319.56 billion to gas flaring by the end of the year, according to data analysed by Prime Business Africa. Latest data from the Nigerian National Petroleum Corporation (NNPC), as reported earlier by Prime Business Africa

July 23, 2021

Uncategorized·News·Oil & Gas

Petrol Scarcity Looms In Rivers As Tanker Drivers Continue Strike

The ongoing Petroleum Tanker Drivers Union (PTD) strike can lead to fuel scarcity, Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers chapter has warned. Expressing the worry in a statement on Thursday in Port Harcourt, the IPMAN Rivers Chairman, Mr Joseph Ebele,

July 23, 2021

Oil & Gas·News

NETCO Posts N3.37bn Profit, Declares N400m Dividend

The National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a profit before tax of N3.37 billion for the year ended Dec. 31, 2020. Mr Adeyemi Adetunji, Chairman, Board of Directors, NETCO, made the

July 23, 2021

Oil & Gas·News

How Nigeria Lost N53.26bn To Gas Flaring In Two Months – NNPC

As early as the first two months of this year, Nigeria had lost an estimated N53.26bn as international oil and local companies flared a total of 33.04 billion standard cubic feet of natural gas. A total of 17.53 billion scf of gas

July 22, 2021

News·Oil & Gas

Nigeria’s 200 Trillion Cubic Feet Gas Deposits Dwarf Oil Potentials

Industry Experts Call For Investment In Value Chain Top energy industry experts have said Nigeria currently has a huge deposit of gas worth over 200 Trillion Cubic Feet (TCF) unutilized and therefore raised concern on the need to invest in development

July 22, 2021

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

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Oil & Gas - Page 122

Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

DPR Shuts 13 Gas Stations In Akwa Ibom State

Oil Price Gains 0.54%, Closes At $75

Benue, Abia Record Highest Petrol Prices

GAS FLARING: Nigeria Among Top Seven ‘Law Breakers’

Nigerians Reel Under High Cost Of Cooking Gas

Nigeria Set To Lose N319.56bn To Gas Flaring By End Of Year

Petrol Scarcity Looms In Rivers As Tanker Drivers Continue Strike

NETCO Posts N3.37bn Profit, Declares N400m Dividend

How Nigeria Lost N53.26bn To Gas Flaring In Two Months – NNPC

Nigeria’s 200 Trillion Cubic Feet Gas Deposits Dwarf Oil Potentials

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