Browse Category

Oil & Gas - Page 20

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

The United States has seized a sanctioned Venezuelan oil tanker off the country’s coast, President Trump announced Wednesday, escalating tensions with Caracas and sending oil prices higher. “We’ve just seized a tanker on the coast of Venezuela, very large, largest one ever,”

December 11, 2025

News·Oil & Gas

Warri, PH Refineries Resumption: Experts Raise Concerns About Crude Supply Amid Crude-backed Loans

As the Nigerian government celebrates the resumption of operations by Port Harcourt and Warri refineries, experts have raised concerns about the guarantee of steady supply of crude oil to the refineries given the foreign loans tied to crude. They, therefore submitted that

December 31, 2024

Nigerians Divide As Warri Refinery Resumes Operation

Business·News·Oil & Gas

Nigerians Disagree As NNPCL Reports Warri Refinery Working

The Nigerian National Petroleum Company Limited (NNPCL) has announced the partial resumption of operations at the 125,000-barrel-per-day Warri Refinery, sparking mixed reactions from Nigerians. The Warri Refining and Petrochemical Company (WRPC), located in Delta State, had been dormant for years due to

December 30, 2024

FEATURES·Oil & Gas

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Nigeria’s oil and gas sector recorded a couple of activities which led to significant changes in the upstream, and downstream. Tinubu’s executive orders on oil and gas sector reforms President Bola Tinubu had on 28th February 2024, signed three Executive Orders as

December 28, 2024

Business·News·Oil & Gas·World News

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Global oil prices rose on Tuesday, recovering from earlier losses. Brent crude futures gained $0.42, settling at $73.05 a barrel, while U.S. West Texas Intermediate (WTI) crude added $0.38 to reach $69.62 a barrel. Analysts attributed the slight increase to improved market

December 24, 2024

What Happens If NNPC Ends Naira-for-Crude? Risks, Alternatives

Business·FEATURES·News·Oil & Gas

Fuel Price Reductions: Are Consumers Really Benefiting?

In recent weeks, Nigeria has witnessed a series of reductions in the price of premium motor spirit (PMS), commonly referred to as petrol. The Nigerian National Petroleum Company (NNPC) led this adjustment, lowering its retail price to N965 per litre in Abuja,

December 24, 2024

Addressing Forex Instability and Fuel Costs

Business·News·Oil & Gas

Just In: NNPCL Drops Fuel Price To N965 In Abuja

The Price of petrol, commonly known as premium motor spirit (PMS), has been reduced to N965 per litre at Nigerian National Petroleum Company (NNPC) outlets in the Federal Capital Territory (FCT). This marks the second reduction in less than two weeks, following

December 23, 2024

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

Business·FEATURES·Oil & Gas

Petrol Prices Drop Nationwide: A Win For Deregulation?

The recent reduction in petrol prices by the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery has sparked optimism and debate about the benefits of deregulation in Nigeria’s downstream oil sector. This price adjustment, hailed by industry stakeholders and consumers alike,

December 23, 2024

Business·News·Oil & Gas

Dangote Refinery Partners MRS To Deliver Petrol At N935/Ltr Nationwide

The Dangote Refinery announced a strategic partnership with MRS to sell Premium Motor Spirit (PMS), commonly known as petrol, at ₦935 per litre nationwide. This initiative is aimed at ensuring that recent price reductions reach Nigerian consumers directly through retail outlets across

December 21, 2024

Business·News·Oil & Gas

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

In what seems like an emerging competition in the downstream sector, the Nigeria National Petroleum Company Limited (NNPCL), has cut its ex-depot price of Premium Motor Spirit (PMS), also known as petrol to ₦899 per liter. This reflects a 12 per cent

December 21, 2024

Business·Oil & Gas

Nigerians To NNPC: Prove That Port Harcourt Refinery Is Working

Nigerians have called on the Nigeria National Petroleum Company Limited (NNPCL) to prove that Port Harcourt Refinery is working. This comes as NNPCL denied that the refinery has stopped working a few weeks after it resumed operations. A report in The Punch

December 21, 2024

Previous 1 … 18 19 20 21 22 … 110 Next

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

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Oil & Gas - Page 20

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

Warri, PH Refineries Resumption: Experts Raise Concerns About Crude Supply Amid Crude-backed Loans

Nigerians Disagree As NNPCL Reports Warri Refinery Working

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Fuel Price Reductions: Are Consumers Really Benefiting?

Just In: NNPCL Drops Fuel Price To N965 In Abuja

Petrol Prices Drop Nationwide: A Win For Deregulation?

Dangote Refinery Partners MRS To Deliver Petrol At N935/Ltr Nationwide

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Nigerians To NNPC: Prove That Port Harcourt Refinery Is Working

Featured Stories

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Tony Elumelu: Personal Branding As Corporate Strategy

Patronage Over Diplomacy: Nigeria’s Ambassadorial Shuffle

Whatsapp Channel

Latest News

Musa Calls Time on Illustrious Super Eagles Career

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

Rep Raises Alarm Over Mismatched Gazetted Tax Reform Laws

Dollar Trade Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

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

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Musa Calls Time on Illustrious Super Eagles Career

Suggestions

Oil & Gas - Page 20

Featured Stories

Follow Us

Whatsapp Channel

Latest News