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Oil & Gas - Page 123

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

NSCDC Arrests Two Suspects For Allegedly Diverting 33,000 Litres Of Petrol

Two suspects have been arrested by men of the Nigeria Security and Civil Defence Corps (NSCDC), Oyo State Command, for alleged diversion of 33,000 litres of Premium Motor Spirit (PMS) also known as petrol. This was recently made known by the Public

July 20, 2021

Oil & Gas·News

Oil Price Falls To $72.39 As OPEC Expands Production

Oil prices witnessed a sharp fall on Monday after members and allies of the Organisation of Petroleum Exporting Countries agreed to boost output. Brent, the crude against which Nigeria’s oil is priced, fell by $1.2 per barrel to $72.39 per barrel as

July 19, 2021

Oil & Gas·News

Nigeria’s External Reserves Decline By $180m In Two Weeks

Nigeria’s external reserves lost $180m in two weeks, the latest figures from the Central Bank of Nigeria indicates. The figure which stood at $33.28bn on July 1, has dropped to $33.09bn as at July 12 before a slight rise to $33.1 bn

July 19, 2021

Oil & Gas·News

AUSTIN AVURU: No Panic Button, Oil Will Still Be Relevant In 30 Years

In the most aggressive transition to sustainable energy away from fossil fuels by 2050, oil and gas will (still) be contributing 35% to the energy mix PRIME Business Africa’s correspondents VICTOR EZEJA and DONATUS ACHIKWUBE capture Austin Avuru, former CEO of

July 16, 2021

Supreme Court Grants Financial Autonomy To LGs, Bars Govs From Dissolving Councils

Oil & Gas

Supreme Court Orders FG Not To Cede 17 Oil Wells To Imo

The Federal Government of Nigeria has been restrained by an order from the Supreme Court not to cede the 17 disputed oil wells to Imo state. The Supreme Court, on Wednesday, issued an injunction to halt the Federal Government plan to cede

July 14, 2021

Nigerians Groan As NNPCL Again Increases Pump Price of Petrol

Oil & Gas·News

Energy Transition: Industry players say no cause for alarm

Top professionals in the oil and gas industry have allayed fears that the much-talked-about energy transition might result in the collapse of Nigeria’s oil-dependent economy. This formed part of the discussions in the 24th episode of the Nigeria History Series (NHS) hosted

July 5, 2021

Oil & Gas·News

‘PIB, a criminal document to enslave the Niger Delta people’

The Petroleum Industry Bill (PIB) is a criminal document put together by honourable thieves as a tool to plunder our land and resources and to further enslave the Niger Delta people. This is the position of the Niger Delta Congress in a

July 5, 2021

Founder of Centre for Values in Leadership Prof. Pat Utomi

News·Events·Oil & Gas

Pat Utomi’s Centre for Values in Leadership hosts episode 24 of the Nigeria History Series

Chairman of the Editorial Board of Prime Business Africa and founder of the Centre for Values in Leadership (CVL), Prof. Pat Utomi, will today Sunday, July 4 host oil and gas industry professionals in another episode of the Nigeria History Series (NHS).

July 4, 2021

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

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South Africa will raise petrol prices by more than 11%

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India and New Zealand’s free trade agreement (FTA) will take

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

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Oil & Gas - Page 123

Malawi Fuel Crisis Enters Second Week as Transport Operators Lose Income

Angola’s Sonangol Presses Ahead with IPO Preparations Despite Delay

NSCDC Arrests Two Suspects For Allegedly Diverting 33,000 Litres Of Petrol

Oil Price Falls To $72.39 As OPEC Expands Production

Nigeria’s External Reserves Decline By $180m In Two Weeks

AUSTIN AVURU: No Panic Button, Oil Will Still Be Relevant In 30 Years

Supreme Court Orders FG Not To Cede 17 Oil Wells To Imo

Energy Transition: Industry players say no cause for alarm

‘PIB, a criminal document to enslave the Niger Delta people’

Pat Utomi’s Centre for Values in Leadership hosts episode 24 of the Nigeria History Series

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