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Oil & Gas - Page 35

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

NUPRC Data Contradicts NNPC’s 1.8m bpd Celebrated Output Figures, Indicates 1.53m Daily Production

Business News·FEATURES·News·Oil & Gas

Production Puzzles: Confusion Over NUPRC’s 1.538m bpd Data vs. NNPC’s 1.8m Claim

Contradictory Figures Emerge Nigeria’s crude oil production data has once again brought confusion to the industry. While the Nigerian National Petroleum Company Limited (NNPC) celebrated a daily output of 1.8 million barrels per day (bpd) of crude oil and condensate, figures from

November 25, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business News·News·Oil & Gas·Top Stories

Dangote Refinery: Revolution Or Restriction For Nigeria’s Oil Market?

The recent directive from the Nigerian National Petroleum Company Limited (NNPC) to oil marketers has sparked conversations about the future of fuel supply in Nigeria. The directive mandates that petrol importation be halted, with the Dangote Refinery positioned as the primary source

November 24, 2024

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

Business News·FEATURES·News·Oil & Gas

Mixed Reactions As Dangote Refinery Lowers Petrol Ex-Depot Price To N970 From N990

The Dangote Refinery has announced a reduction in the ex-depot price of petrol from N990 to N970 per litre. While the change aims to alleviate financial strain on Nigerians, it has elicited mixed reactions across the country. Citizens and experts share their

November 24, 2024

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

Business News·News·Oil & Gas

Naira-for-Crude Deal Faces Challenges As Dangote Refinery Criticises NNPCL Supply Shortfall

Dangote Refinery Accuses NNPC of Breach The Dangote Refinery has raised concerns about the Nigerian National Petroleum Company Limited (NNPCL) ability to meet its obligations under the naira-for-crude arrangement. Vice President of Dangote Group, Edwin Devakumar, revealed this in a statement reported

November 23, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business News·News·Oil & Gas

Dangote Refinery Resumes U.S. Crude Import Amidst Domestic Supply Challenges

U.S. Oil Imports Resume After Hiatus The Dangote Petroleum Refinery has resumed importing crude oil from the United States after a three-month break. A shipment carrying two million barrels of WTI Midland crude from Chevron Corporation is expected at the refinery in

November 21, 2024

Illegal Refineries: Nigerian Navy Destroys 23 Sites, Recovers Stolen Crude

Business News·News·Oil & Gas

Nigerian Navy Intensifies Fight Against Illegal Refineries, Destroys 23 Sites

Navy Intensifies Fight Against Illegal Refineries The Nigerian Navy has escalated its battle against illegal refineries, uncovering and destroying 23 sites in October alone. This effort, part of Operation DELTA SANITY, has led to significant recoveries, including large quantities of stolen crude

November 20, 2024

Business News·News·Oil & Gas

Dangote Refinery Begins Petrol Export To Togo, Other West African Countries

A New Era for Regional Fuel Markets In a significant development for West Africa’s energy sector, the Dangote Refinery has officially started exporting petrol to neighbouring Togo. This marks the beginning of what could be a game-changing shift in regional fuel markets.

November 20, 2024

NNPC Promises Completion Of Port Harcourt Refinery Soon Amid Senate Concerns

Business News·News·Oil & Gas

NNPC Admits Challenges Delaying Port Harcourt Refinery Takeoff, Promises Completion Soon

Port Harcourt Refinery Rehabilitation Hits Snags The Nigerian National Petroleum Company (NNPC) Limited has disclosed reasons for the delay in completing the Port Harcourt Refinery’s rehabilitation, two months after missing its September deadline. The NNPC stated that unforeseen technical challenges in the

November 19, 2024

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business News·FEATURES·News·Oil & Gas·Top Stories

Is Dangote Refinery’s 60 Million Litres Enough For Nigeria?

Dangote Refinery: A New Chapter in Fuel Distribution The Dangote Petroleum Refinery recently announced a significant agreement to supply the Independent Petroleum Marketers Association of Nigeria (IPMAN) with 60 million litres of petrol weekly. This development is being hailed as a game-changer

November 19, 2024

Benefits Of Dangote Refinery’s PMS, Diesel Distribution Plan

Business News·News·Oil & Gas

Dangote Refinery Partners With Marketers For Weekly Supply Of 60 Million Litres Of Petrol

The Dangote Petroleum Refinery has struck a game-changing agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN) to supply 60 million litres of Premium Motor Spirit (PMS), or petrol, every week. This direct supply deal aims to streamline fuel distribution across

November 18, 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 35

Uganda Targets First Pearl Sweet Crude Export in December

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

Production Puzzles: Confusion Over NUPRC’s 1.538m bpd Data vs. NNPC’s 1.8m Claim

Dangote Refinery: Revolution Or Restriction For Nigeria’s Oil Market?

Mixed Reactions As Dangote Refinery Lowers Petrol Ex-Depot Price To N970 From N990

Naira-for-Crude Deal Faces Challenges As Dangote Refinery Criticises NNPCL Supply Shortfall

Dangote Refinery Resumes U.S. Crude Import Amidst Domestic Supply Challenges

Nigerian Navy Intensifies Fight Against Illegal Refineries, Destroys 23 Sites

Dangote Refinery Begins Petrol Export To Togo, Other West African Countries

NNPC Admits Challenges Delaying Port Harcourt Refinery Takeoff, Promises Completion Soon

Is Dangote Refinery’s 60 Million Litres Enough For Nigeria?

Dangote Refinery Partners With Marketers For Weekly Supply Of 60 Million Litres Of Petrol

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Oil & Gas - Page 35

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