Oil & Gas - Page 28

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Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has debunked claims that the implementation of local content policy increases the cost of crude oil production in Nigeria.

Victor Ezeja

October 8, 2024

Business·News·Oil & Gas

NNPCL Ends Sole Off-taker Role For Dangote Refinery, Fuel Marketers To Buy Directly

NNPCL No Longer the Sole Off-taker from Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has announced that it will no longer serve as the exclusive middleman between Dangote Refinery and

Emmanuel Ochayi

October 7, 2024

Cooking Gas: The Fire Nigerians Can’t Afford To Keep Burning

Business·News·Oil & Gas

LCCI Commends Government’s VAT Exemptions On Diesel, Cooking Gas, Advocates For CNG Expansion

LCCI Supports VAT Exemption on Diesel and Cooking Gas The Lagos Chamber of Commerce and Industry (LCCI) has praised the federal government’s decision to exempt cooking gas and diesel from Value Added

Emmanuel Ochayi

October 7, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Business·News·Oil & Gas

Dangote Refinery Set To Boost Nigeria’s Economy By Over $400bn In Six Years- Report

A report by Analysts Data Services and Resources (ADSR) Limited has predicted that the Dangote Refinery if operating optimally, will push Nigeria’s economy to $484.15 billion in the next six years. The

Emmanuel Ochayi

October 7, 2024

Dangote Refinery: NNPC Boss Denies Owning Blending Plant In Malta

Business·FEATURES·News·Oil & Gas

Why Dangote Refinery Must Not Become Another Monopoly

Launching the Dangote Refinery and Petrochemicals is a milestone in Nigeria’s petroleum industry. After 10 years of development, this refinery promises to breathe new life into a sector plagued by inefficiencies, from

Emmanuel Ochayi

October 6, 2024

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Business·News·Oil & Gas

Naira-For-Crude Initiative Begins As Officials Remain Optimistic

The Nigerian Federal Government announced that it has officially begun selling crude oil and refined petroleum products in naira, an initiative that took effect on October 1, 2024. The move is aimed

Emmanuel Ochayi

October 6, 2024

Business·News·Oil & Gas

NNPCL Begins Crude Oil Sales In Naira To Dangote, Other Local Refineries

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has announced that the sale of crude oil in naira to Dangote Refinery and other local refiners has officially kicked

Victor Ezeja

October 5, 2024

Imo, Zamfara, Abia Record Lowest VAT In August

Business·News·Oil & Gas

List Of 63 Items Exempted From VAT In New Fiscal Reforms

The Federal Government of Nigeria has recently announced a significant update to its fiscal policy by exempting 63 items from Value-Added Tax (VAT). This move is part of the government’s broader strategy

Emmanuel Ochayi

October 5, 2024

Business·News·Oil & Gas

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Naira-for-Crude supply yet to commence The much-anticipated Naira-for-Crude deal between the Nigerian National Petroleum Company Limited (NNPC) and the Dangote Petroleum Refinery, expected to start on October 1, 2024, has been delayed.

Emmanuel Ochayi

October 4, 2024

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·News·Oil & Gas·World News

Saudi Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Saudi Arabia has issued a serious warning to its fellow members of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, commonly known as OPEC+. The Kingdom warned that oil

Emmanuel Ochayi

October 3, 2024

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Oil & Gas - Page 28

Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

NNPCL Ends Sole Off-taker Role For Dangote Refinery, Fuel Marketers To Buy Directly

LCCI Commends Government’s VAT Exemptions On Diesel, Cooking Gas, Advocates For CNG Expansion

Dangote Refinery Set To Boost Nigeria’s Economy By Over $400bn In Six Years- Report

Why Dangote Refinery Must Not Become Another Monopoly

Naira-For-Crude Initiative Begins As Officials Remain Optimistic

NNPCL Begins Crude Oil Sales In Naira To Dangote, Other Local Refineries

List Of 63 Items Exempted From VAT In New Fiscal Reforms

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Saudi Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

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