Oil & Gas - Page 28

Nigeria’s Energy Crisis: A Fuel Hike Or A Broken System?

Petrol Price To Hit N1,300, NNPC Faces Financial Strain

The price of petrol in Nigeria is on the verge of a significant increase, with estimates suggesting it could reach N1,300 per litre. This rise is attributed to the financial challenges faced

Emmanuel Ochayi

September 3, 2024

Business·News·Oil & Gas

NNPCL Admits Financial Strain Amid Rising PMS Supply Costs

NNPC Faces Financial Challenges Due to Rising Supply Costs NNPC Ltd. is facing significant financial pressure due to rising Premium Motor Spirit (PMS) supply costs. This situation is putting a strain on

Emmanuel Ochayi

September 2, 2024

Business·News·Oil & Gas

Nigerians Groan As Price Of Cooking Gas Rises 16.7% To N1,400/kg In 1 Month

The price of Liquefied Petroleum Gas (LPG), also known as cooking gas, has risen to N1,400 per kilogram (Kg) this month, reflecting 16.7 per cent, month-on-month increase from N1,200 in July. Prime

Victor Ezeja

August 29, 2024

Business·News·Oil & Gas

NNPCL Would Be Mini Aramco Today If Set Up Like NLNG – Expert

Financial analyst and educator, Kalu Aja, has asserted that the Nigeria National Petroleum Company Limited (NNPCL) could have become at least a mini ARAMCO if it was set up like the Nigeria

Victor Ezeja

August 27, 2024

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

Business·News·Oil & Gas

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

NBS Report Highlights Drop in Crude Oil Production The Nigeria Bureau of Statistics (NBS) has released its quarterly Gross Domestic Product (GDP) report for 2024, revealing a decline in Nigeria’s crude oil

Emmanuel Ochayi

August 27, 2024

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

Business·News·Oil & Gas

Petrol Pricing Discussions Intensify As Dangote Refinery Readies September Launch

Petrol Pricing Talks Ahead of Dangote Refinery Launch As Nigeria gears up for the imminent launch of the Dangote Petroleum Refinery, discussions on petrol pricing have taken centre stage. The Federal Government’s

Emmanuel Ochayi

August 27, 2024

Why 3 Million Barrels Of Oil Production Daily Is Achievable - NNPCL

Business·News·Oil & Gas

NNPC Begins Gas Exports To Asia, Targets New Markets

NNPC Exports Gas to China and Japan The Nigeria National Petroleum Corporation (NNPC) Limited, has commenced the export of Liquefied Natural Gas (LNG), to the Asian markets of China and Japan, marking

Emmanuel Ochayi

August 27, 2024

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·FEATURES·News·Oil & Gas

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

Nigeria’s Controversial Crude Oil Supply Policy: What’s at Stake? Nigeria’s latest push to prioritise domestic crude oil supply over exports is raising alarm bells across the oil industry. The Nigerian Upstream Petroleum

Emmanuel Ochayi

August 25, 2024

Business·News·Oil & Gas

Oando Completes $783m Acquisition Of Agip Oil

Oando PLC has announced that it has successfully completed acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC), from the Italian energy company, Eni. A statement signed

Victor Ezeja

August 23, 2024

News·Oil & Gas

Adoption Of Local Content Policy Will Boost Africa’s Energy Security, Economic Development – NCDMB

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has called on African countries to prioritise the adoption of local content policy for the oil and

Admin

August 22, 2024

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Oil & Gas - Page 28

Petrol Price To Hit N1,300, NNPC Faces Financial Strain

NNPCL Admits Financial Strain Amid Rising PMS Supply Costs

Nigerians Groan As Price Of Cooking Gas Rises 16.7% To N1,400/kg In 1 Month

NNPCL Would Be Mini Aramco Today If Set Up Like NLNG – Expert

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

Petrol Pricing Discussions Intensify As Dangote Refinery Readies September Launch

NNPC Begins Gas Exports To Asia, Targets New Markets

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

Oando Completes $783m Acquisition Of Agip Oil

Adoption Of Local Content Policy Will Boost Africa’s Energy Security, Economic Development – NCDMB

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