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Oil & Gas - Page 17

Business·Finance & Economy·News·Nigeria·Oil & Gas

Manufacturers Call for Natural Gas Shift to Maximise Production

Manufacturers in southeast Nigeria have urged a shift from diesel to natural gas to lower soaring energy costs and boost industrial growth, warning that unreliable and expensive power supply threatens the survival of factories. Adaora Chukwudozie, chair of the South-East region of

March 6, 2026

Business·Oil & Gas

Top 10 Nigeria’s Oil-producing States by Daily Crude Output

Nigeria is Africa’s largest oil producer, with crude oil playing a central role in its economy. Most of Nigeria’s oil wealth is concentrated in the Niger Delta, where states like Akwa Ibom, Delta, and Rivers contribute significantly to the country’s daily crude

March 23, 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

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Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Cooking gas prices in Nigeria have jumped about 40 percent

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Nigeria recorded a sharp increase in foreign capital inflows in

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Oil & Gas - Page 17

Manufacturers Call for Natural Gas Shift to Maximise Production

Top 10 Nigeria’s Oil-producing States by Daily Crude Output

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

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Each Nigerian Paid Nearly ₦19,000 to Electricity DisCos in December 2025

Manufacturers Call for Natural Gas Shift to Maximise Production

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Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Ali Khamenei: Power, Faith and Control

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