Oil & Gas - Page 21

NCDMB, Butane Energy, Boost LPG Supply As Kaduna Plant Is Commissioned

The Nigerian Content Development and Monitoring Board (NCDMB) and Butane Energy Limited have commissioned a 180-metric-tonne liquefied petroleum gas (LPG) Filling Plant in Kaduna, Kaduna State. This is a significant milestone in

Admin

November 11, 2024

NNPC Refutes Viral Claims That Its Fuel Does Not Last

Business·News·Oil & Gas

PMS Landing Cost Drops To ₦976/Litre

The pump price of Premium Motor Spirit (PMS) also known as petrol may likely drop following a reduction in the estimated cost of landing product in recent times. According to a publication

Victor Ezeja

November 11, 2024

Nigeria's Inflation Rate Squeezes Car Market: High Prices, Low Sales As Fuel Costs Bite Hard

Business·FEATURES·News·Oil & Gas·Top Stories

High Prices, Low Sales As Inflation Rate, Fuel Costs Squeeze Car Market

As Nigeria’s inflation rate continues to climb, the impacts are being felt in every corner of the economy. One industry affected is the car market. Rising fuel prices and inflation have significantly

Emmanuel Ochayi

November 11, 2024

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

Business·News·Oil & Gas

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

Oil Import Decline Reflects Policy Shifts Nigeria’s oil import expenditure sharply dropped by 35% in the second quarter of 2024, with imports amounting to $2.79 billion, a decrease from $4.31 billion recorded

Emmanuel Ochayi

November 10, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·News·Oil & Gas

South Africa, Angola, Namibia, 4 Others Set to Lift Fuel from Dangote Refinery

Dangote Refinery to Supply Fuel Across Africa The Dangote Refinery and Petrochemical plant is set to become a major fuel supplier for various African nations, starting with South Africa, Angola, and Namibia.

Emmanuel Ochayi

November 9, 2024

Tenants Panic As Landlords Blame Rent Hikes On Nigeria's Inflation Rate, Fuel Costs

Business·FEATURES·News·Oil & Gas·Top Stories

Tenants Panic As Landlords Blame Rent Hikes On Inflation Rate, Fuel Costs

Nigeria’s Inflation Rate: The Impact on Lagos House Rents Nigeria’s inflation rate has surged to 32.7% in recent months, affecting essential commodities intensely. For tenants and landlords in Lagos, however, these numbers

Emmanuel Ochayi

November 9, 2024

Rising Flames: How Petrol Price Hikes Are Burning Holes In Nigerians’ Pockets

Business·FEATURES·News·Oil & Gas·Top Stories

Rising Flames: How Petrol Price Hikes Burn Holes In Citizens Pockets

Another Petrol Price Hike Hits Nigerians Nigeria is grappling with yet another petrol price hike, a rise that has sent shockwaves through households, businesses, and the economy at large. The price of

Emmanuel Ochayi

November 8, 2024

Business·News·Oil & Gas

Marketers Kick Against Dangote Monopoly, Insist On Continued Petrol Imports

Marketers Warn Against Dangote Monopoly in Nigeria’s Petroleum Sector Three oil marketers, AYM Shafa Limited, A.A. Rano Limited, and Matrix Petroleum Services Limited, are calling for continued petrol imports in Nigeria, opposing

Emmanuel Ochayi

November 7, 2024

US Election: Oil Prices Rises to $75 Per Barrel After Trump’s Election Win, Sparking Market Uncertainty, Supply Concerns

Business·News·Oil & Gas·World News

Oil Prices Rise to $75 Per Barrel After Trump’s Victory

Trump’s Victory Pushes Oil Prices Up Amid Market Uncertainty Oil prices have seen a marked increase following Donald Trump’s win in the 2024 U.S. presidential election. Brent crude rose to $75.57 per

Emmanuel Ochayi

November 7, 2024

Dollar-for-Crude: PETROAN Rejects Dangote Refinery’s Dollar Sale Policy

Business·FEATURES·News·Oil & Gas

Marketers, Dangote Refinery In Price War For Nigeria’s Fuel Market

In a heated standoff that has gripped Nigeria’s fuel industry, independent petroleum marketers and the Dangote Refinery have found themselves locked in a battle over fuel prices, import competition, and quality control.

Emmanuel Ochayi

November 6, 2024

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Oil & Gas - Page 21

NCDMB, Butane Energy, Boost LPG Supply As Kaduna Plant Is Commissioned

PMS Landing Cost Drops To ₦976/Litre

High Prices, Low Sales As Inflation Rate, Fuel Costs Squeeze Car Market

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

South Africa, Angola, Namibia, 4 Others Set to Lift Fuel from Dangote Refinery

Tenants Panic As Landlords Blame Rent Hikes On Inflation Rate, Fuel Costs

Rising Flames: How Petrol Price Hikes Burn Holes In Citizens Pockets

Marketers Kick Against Dangote Monopoly, Insist On Continued Petrol Imports

Oil Prices Rise to $75 Per Barrel After Trump’s Victory

Marketers, Dangote Refinery In Price War For Nigeria’s Fuel Market

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