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Oil & Gas - Page 34

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

Uganda Targets First Pearl Sweet Crude Export in December

September 10, 2026

Uganda expects its first shipment of Pearl Sweet crude to load in December, marking the start of commercial oil exports as production from its Kingfisher and Tilenga fields ramps up towards as

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

Africa·News·Oil & Gas·Top Stories

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

September 7, 2026

Nigerian billionaire Aliko Dangote on Monday, Sept. 7, signed documents for an initial public offering of Dangote Petroleum Refinery and Petrochemicals, seeking to raise about 2.15 trillion naira ($1.63 billion) to finance

Port Harcourt Refinery Shutdown: Marketers Call On Minister, NNPCL GCEO To Intervene

Business News·News·Oil & Gas

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

The Long Journey to Resuscitating the Port Harcourt Refinery Nigeria’s Port Harcourt Refinery has long been a symbol of the nation’s struggle for energy independence. Once heralded as a beacon of industrial might, years of neglect turned it into a dormant shell,

December 5, 2024

Dangote Refinery: Mixed Reactions Among Marketers On Advance Payments For Petrol

Business News·News·Oil & Gas

Dangote Refinery: Oil Marketers Differ On Advance Payment Rule

Refinery’s Advance Payment Policy Sparks Debate Oil marketers in Nigeria have shared diverse opinions on the recent directive from Dangote Refinery requiring advance payment before marketers can offtake petroleum products. This demand departs from the conventional post-delivery payment system previously common in

December 2, 2024

Business News·News·Oil & Gas·Top Stories

Why Port Harcourt Refinery Has Not Commenced Bulk Sales – NNPC

The Nigerian National Petroleum Company Limited (NNPC) has clarified the operational status of the Port Harcourt Refinery, stating that bulk sales of refined petroleum products have not commenced due to the ongoing finalization of essential processes. Port Harcourt Refinery Still Undergoing Adjustments

November 30, 2024

Business News·News·Oil & Gas

Port Harcourt Refinery Working At 90% As NNPC Refutes PETROAN’s 70% Operational Capacity

NNPC Denies PETROAN’s Statement The Nigerian National Petroleum Company Limited (NNPC) has clarified that the Port Harcourt refinery is operating at 90% of its capacity, not 70% as claimed by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). In a

November 29, 2024

NNPCL Announces Resumption Of Production At PH Refinery

Business News·News·Oil & Gas

PH Refinery: Are You Blending Or Refining Crude Oil? Nigerians Ask NNPCL

Reactions have continued to trail the news of the resumption of oil refining at the Port Harcourt refinery. While some Nigerians have commended the resumption of production of refined petroleum products from the 60,000 barrels per day (bpd) old Port Harcourt refinery,

November 27, 2024

Port Harcourt Refinery Will Produce Only 10% Of Total Demand - Expert

Business News·News·Oil & Gas

Port Harcourt Refinery Produces Only 10% Of PMS Total Demand – Expert

As the resumption of production at the Port Harcourt Refinery is being celebrated, experts have warned that more efforts should be put in place to rehabilitate other existing ones and boost local production. The Nigeria National Petroleum Company Limited (NNPCL), on Tuesday,

November 27, 2024

Business News·News·Oil & Gas

NNPCL Announces Resumption Of Production At Port Harcourt Refinery

The Nigeria National Petroleum Company Limited (NNPCL) on Tuesday announced that the Port Harcourt Refinery has finally begun production of refined petroleum products. A video shared on social media showed trucks driving into the refinery ‘s gantry apparently to load petroleum products.

November 26, 2024

Business News·FEATURES·News·Oil & Gas

Nigeria’s Refinery Privatisation: A Step Toward Energy Security?

Restructuring Nigeria’s Energy Backbone For over 40 years, Nigeria’s state-owned refineries have largely remained dormant. Despite injecting trillions of naira into maintenance, the facilities in Port Harcourt, Warri, and Kaduna have failed to deliver. Now, the government is embarking on an ambitious

November 26, 2024

Port Harcourt, Warri Refineries To Be Privatized- Nigerian Govt

Business News·News·Oil & Gas

Port Harcourt, Warri Refineries To Be Privatised- Nigerian Govt

Key Move to Address Petrol Supply Challenges The Nigerian presidency has announced a decisive move to privatise the country’s state-owned refineries, including the Port Harcourt, Warri, and Kaduna facilities. The plan aims to address decades of inefficiency and heavy reliance on imported

November 25, 2024

Dangote Refinery Fuel Distribution Expands with New Partner

Business News·News·Oil & Gas

Dangote Refinery To Supply 28m Litres Daily To Domestic Market

Oil Marketers Sign Six-Month Agreement with Dangote Refinery Oil marketers have finalised a six-month agreement with Dangote Refinery to supply 28 million litres of petrol daily, ensuring consistent domestic availability. The $20 billion refinery, located on the outskirts of Lagos, has also

November 25, 2024

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Only one of five pharmaceutical firms listed on the Nigerian

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Oil & Gas - Page 34

Uganda Targets First Pearl Sweet Crude Export in December

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

Dangote Refinery: Oil Marketers Differ On Advance Payment Rule

Why Port Harcourt Refinery Has Not Commenced Bulk Sales – NNPC

Port Harcourt Refinery Working At 90% As NNPC Refutes PETROAN’s 70% Operational Capacity

PH Refinery: Are You Blending Or Refining Crude Oil? Nigerians Ask NNPCL

Port Harcourt Refinery Produces Only 10% Of PMS Total Demand – Expert

NNPCL Announces Resumption Of Production At Port Harcourt Refinery

Nigeria’s Refinery Privatisation: A Step Toward Energy Security?

Port Harcourt, Warri Refineries To Be Privatised- Nigerian Govt

Dangote Refinery To Supply 28m Litres Daily To Domestic Market

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Oil & Gas - Page 34

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