Oil & Gas - Page 29

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

FG Announces VAT Exemption for Diesel, LNG, CNG, and Electric Vehicles The Federal Government has introduced a new value added tax (VAT) exemption on energy products, including diesel, Liquefied Natural Gas (LNG),

Emmanuel Ochayi

October 3, 2024

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Business·News·Oil & Gas·World News

Oil Prices Rise After Iran Launches Attack On Israel

Oil prices have risen sharply as escalating tensions between Iran and Israel raise concerns over potential disruptions to crude production. Brent crude futures increased by $1, or 1.36%, reaching $74.56 per barrel

Emmanuel Ochayi

October 2, 2024

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·News·Oil & Gas

Petrol Import Dropped By 13.77% In 2023 – NBS

Importation of Premium Motor Spirit (PMS) also known as petrol in Nigeria dropped by 13.77 per cent from 23.54 billion litres in 2022 to 20.30 billion litres in 2023. This means PMS

Victor Ezeja

October 2, 2024

Port Harcourt Refinery Fails to Meet Production Deadline After 7th Postponement In 2024, NNPC Remains Silent

Business·News·Oil & Gas

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

The Port Harcourt Refinery in Rivers State has once again failed to commence operations, despite multiple promises from the Nigerian National Petroleum Company Limited (NNPC) and the Ministry of Petroleum Resources. This

Emmanuel Ochayi

October 2, 2024

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business·FEATURES·News·Oil & Gas

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Nigeria is on the verge of a significant transformation in its energy sector with the launch of the Naira-for-Crude deal. The Federal Government’s plan to begin selling crude oil in naira to

Emmanuel Ochayi

October 1, 2024

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

Business·News·Oil & Gas

Dangote To Transport Refined Products By Sea

The Dangote Group has announced plans to start transporting refined petroleum products by sea. This development aims to ease road congestion and facilitate smoother export operations to other African countries. In a

Emmanuel Ochayi

September 30, 2024

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

Business·News·Oil & Gas

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Crude Oil Losses Fall Dramatically in 2023 Nigeria’s crude oil theft has seen a significant drop, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). The latest report, covering 2022 and 2023,

Emmanuel Ochayi

September 30, 2024

Business·News·Oil & Gas

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

The Nigerian National Petroleum Company Limited (NNPCL) is confident that Nigeria can reach a daily crude oil production level of 3 million barrels. Mr. Olufemi Soneye, the Chief Corporate Communications Officer of

Emmanuel Ochayi

September 29, 2024

Why NNPC Is Facing Challenges Meeting Crude Supply Demands To Dangote Refinery- PENGASSAN

Business·News·Oil & Gas

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disclosed why the Nigerian National Petroleum Company (NNPC) Limited is facing difficulties in supplying crude oil to the Dangote Refinery.

Emmanuel Ochayi

September 27, 2024

Business·FEATURES·News·Oil & Gas

Petrol Price: Can Strengthening The Naira Save Nigerians?

Rising Petrol Price Sparks Concern The price of petrol has become a pressing concern for Nigerians, with many wondering if there is a way out of the current economic situation. The reality

Emmanuel Ochayi

September 26, 2024

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Oil & Gas - Page 29

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

Oil Prices Rise After Iran Launches Attack On Israel

Petrol Import Dropped By 13.77% In 2023 – NBS

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Dangote To Transport Refined Products By Sea

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

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

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

Petrol Price: Can Strengthening The Naira Save Nigerians?

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