Oil & Gas - Page 32

Petrol Landing Cost Price Now At N1,117/litre, MEMAN Reveals

Petrol Landing Cost Now N1,117/litre, MEMAN Reveals

MEMAN Unveils Real Cost of Petrol The Major Energies Marketers Association of Nigeria (MEMAN) announced on Wednesday that the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, stood at

Emmanuel Ochayi

July 18, 2024

Business·News·Oil & Gas

TotalEnergies Sells Onshore Oil Asset In Nigeria To Chappal Energies For $860m

TotalEnergies has signed a Share Purchase Agreement (SPA) with Mauritius-based energy firm, Chappal Energies, to sell its minority interest in a Nigerian onshore oil joint venture for $860 million. The French energy

Victor Ezeja

July 17, 2024

Nigeria's Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Business·News·Oil & Gas

Nigeria’s Oil Prices Trades At $90 Amid Global Economic Shifts

Nigeria’s Oil Prices Stay Strong Nigeria’s Brass River, Bonny Light, and Qua Iboe crude oils are trading above $90 per barrel, higher than the current Brent benchmark. Economic downturns influence this in

Emmanuel Ochayi

July 17, 2024

Business·FEATURES·Oil & Gas

Top 10 African Countries With Highest Fuel Prices In July 2024

Many African countries grapple with high cost of fuel which is caused by a combination of global and local factors. At the heart of it is global oil price dynamics. The cost

Victor Ezeja

July 15, 2024

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Business·News·Oil & Gas

Dangote Refinery Sets New Date For Petrol Sales To Marketers

Dangote Group has said it would begin sales of Premium Motor Spirit (PMS), also known also petrol, to marketers from August this year. Chairman of Dangote Group, Aliko Dangote, disclosed this to

Victor Ezeja

July 15, 2024

Business·News·Oil & Gas

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Government’s Stance on Dormant Refining Licences The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated it has no current plans to withdraw refining licences awarded to companies that have yet

Emmanuel Ochayi

July 11, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·News·Oil & Gas

NNPCL Seeks New $2bn Oil-Backed Loan To Boost Finances

NNPCL’s Ongoing Financial Strategies The Nigerian National Petroleum Company Limited (NNPCL) is negotiating a new oil-backed loan to strengthen its finances and support its business activities, according to Mele Kyari, Group Chief

Emmanuel Ochayi

July 10, 2024

Business·News·Oil & Gas

NNPC Attributes Fuel Queues To Logistics Disruption, Weather Conditions

Logistics Chain Disruptions The Nigerian National Petroleum Corporation (NNPC) Ltd has addressed the recent fuel queues observed in the Federal Capital Territory (FCT) and other parts of Nigeria. According to a statement

Emmanuel Ochayi

July 9, 2024

Fuel Queues: Rainstorm Disrupted Supply To Filling Stations – MEMAN

Business·News·Oil & Gas

Fuel Queues: Thunderstorm, Lightning Disrupted Supply To Filling Stations – MEMAN

The Major Energies Marketers Association of Nigeria (MEMAN) has said the reoccurrence of queues at filling stations in some parts of the country was due to disruption in the supply of petrol

Victor Ezeja

July 8, 2024

Marketers Assure Petrol Price Drop, Zero Scarcity During Yuletide

Business·News·Oil & Gas

Petrol Pump Price May Hit ₦1000 – Sources

Aside from the scarcity of petrol already building up in parts of Nigeria, residents may have to grapple with higher prices as there are indications that the official pump price may increase

PBA Reporter

July 8, 2024

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Oil & Gas - Page 32

Petrol Landing Cost Now N1,117/litre, MEMAN Reveals

TotalEnergies Sells Onshore Oil Asset In Nigeria To Chappal Energies For $860m

Nigeria’s Oil Prices Trades At $90 Amid Global Economic Shifts

Top 10 African Countries With Highest Fuel Prices In July 2024

Dangote Refinery Sets New Date For Petrol Sales To Marketers

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

NNPCL Seeks New $2bn Oil-Backed Loan To Boost Finances

NNPC Attributes Fuel Queues To Logistics Disruption, Weather Conditions

Fuel Queues: Thunderstorm, Lightning Disrupted Supply To Filling Stations – MEMAN

Petrol Pump Price May Hit ₦1000 – Sources

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