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Oil & Gas - Page 14

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

Africa·Business·Oil & Gas

10 African Countries With The Lowest Fuel Prices In March

Fuel prices have been a significant concern for many African nations, influencing everything from the cost of living to the stability of local economies. In March 2025, despite global market fluctuations, several African countries continue to offer surprisingly low fuel prices. Below,

March 22, 2025

Africa·Business·Oil & Gas

Full List: African Countries with the Highest Diesel Prices in March

Diesel prices in Africa have remained stable in March 2025, but stability does not mean relief for consumers. Many African countries still struggle with high diesel prices, affecting transportation, industry, and the cost of living. Without a significant drop in prices, countries

March 21, 2025

Business·News·Oil & Gas

FCCPC Challenges Court Ruling In Dangote Refinery Import Licence Case, Argues Monopoly Concerns

The Federal Competition and Consumer Protection Commission (FCCPC) has appealed a Federal High Court decision that dismissed its request to be part of the legal battle over Dangote Petroleum Refinery and Petrochemicals FZE’s N100 billion import licence case. FCCPC’s appeal, filed by

March 20, 2025

Business·FEATURES·Oil & Gas

Dangote Refinery Halts Sale Of Petrol In Naira: What Does This Mean For Nigerians?

Dangote Petroleum Refinery, Nigeria’s largest private refinery, has temporarily stopped selling petroleum products in naira to marketers. This decision, announced in an official statement, has raised concerns about the potential economic and social impact on Nigerians. The refinery cited its need to

March 20, 2025

Africa·Business·Oil & Gas

Full List: African Countries With The Highest Fuel Prices In March

The cost of fuel continues to rise in many African countries, affecting transportation, businesses, and household expenses. According to data from GlobalPetrolPrices, several African nations experienced significant fuel price increases in March 2025 due to global oil market changes, currency depreciation, and

March 18, 2025

Africa·Business·Oil & Gas

Fuel Crisis: How Nigeria Became Niger’s Lifeline In Time Of Scarcity

Niger Republic is experiencing a severe fuel crisis, forcing its military-led government to turn to Nigeria for emergency supplies. Despite months of diplomatic tensions between the two countries, Nigeria has approved the delivery of 300 trucks of petrol to its northern neighbour.

March 16, 2025

Business·Oil & Gas

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the ongoing petrol price war between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL). Marketers say frequent price changes are making it difficult for them to stay in

March 15, 2025

Business·Oil & Gas

Seven Solutions To Boost Nigeria’s Oil Production

Nigeria’s oil sector has long struggled with declining production, theft, and underutilised refining capacity. The government has set an ambitious goal of increasing Nigeria’s oil production by one million barrels per day (bpd) by December 2026. While security measures against oil theft

March 15, 2025

Business·News·Oil & Gas

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

Shell has finally completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance Africa Energy Holdings. In separate statements on Thursday, both energy firms confirmed completion of the deal worth about $2.4 billion. With

March 14, 2025

Business·FEATURES·Oil & Gas

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

In Nigeria, the paradox of being a leading crude oil producer yet heavily reliant on imported refined petroleum products has long puzzled many. This dependency has not only strained the nation’s economy but has also made fuel prices susceptible to global market

March 14, 2025

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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

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Oil & Gas - Page 14

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

10 African Countries With The Lowest Fuel Prices In March

Full List: African Countries with the Highest Diesel Prices in March

FCCPC Challenges Court Ruling In Dangote Refinery Import Licence Case, Argues Monopoly Concerns

Dangote Refinery Halts Sale Of Petrol In Naira: What Does This Mean For Nigerians?

Full List: African Countries With The Highest Fuel Prices In March

Fuel Crisis: How Nigeria Became Niger’s Lifeline In Time Of Scarcity

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

Seven Solutions To Boost Nigeria’s Oil Production

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

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NOM Demands Immediate Suspension of Tinubu’s New Tax Law, Warns of Worsening Hardship

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NOM Demands Immediate Suspension of Tinubu’s New Tax Law, Warns of Worsening Hardship

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