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Oil & Gas - Page 37

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

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

Business News·News·Oil & Gas

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

Oil Import Decline Reflects Policy Shifts Nigeria’s oil import expenditure sharply dropped by 35% in the second quarter of 2024, with imports amounting to $2.79 billion, a decrease from $4.31 billion recorded in Q1. This trend, reported by the Central Bank of

November 10, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business News·News·Oil & Gas

South Africa, Angola, Namibia, 4 Others Set to Lift Fuel from Dangote Refinery

Dangote Refinery to Supply Fuel Across Africa The Dangote Refinery and Petrochemical plant is set to become a major fuel supplier for various African nations, starting with South Africa, Angola, and Namibia. The 650,000-barrel-per-day facility is in advanced negotiations with these nations,

November 9, 2024

Tenants Panic As Landlords Blame Rent Hikes On Nigeria's Inflation Rate, Fuel Costs

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

Tenants Panic As Landlords Blame Rent Hikes On Inflation Rate, Fuel Costs

Nigeria’s Inflation Rate: The Impact on Lagos House Rents Nigeria’s inflation rate has surged to 32.7% in recent months, affecting essential commodities intensely. For tenants and landlords in Lagos, however, these numbers are now more than abstract statistics—they are reshaping lives and

November 9, 2024

Rising Flames: How Petrol Price Hikes Are Burning Holes In Nigerians’ Pockets

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

Rising Flames: How Petrol Price Hikes Burn Holes In Citizens Pockets

Another Petrol Price Hike Hits Nigerians Nigeria is grappling with yet another petrol price hike, a rise that has sent shockwaves through households, businesses, and the economy at large. The price of petrol has now soared to an unprecedented N1,060 per litre

November 8, 2024

Business News·News·Oil & Gas

Marketers Kick Against Dangote Monopoly, Insist On Continued Petrol Imports

Marketers Warn Against Dangote Monopoly in Nigeria’s Petroleum Sector Three oil marketers, AYM Shafa Limited, A.A. Rano Limited, and Matrix Petroleum Services Limited, are calling for continued petrol imports in Nigeria, opposing Dangote Refinery’s request for exclusive control over the nation’s petroleum

November 7, 2024

US Election: Oil Prices Rises to $75 Per Barrel After Trump’s Election Win, Sparking Market Uncertainty, Supply Concerns

Business News·News·Oil & Gas·World News

Oil Prices Rise to $75 Per Barrel After Trump’s Victory

Trump’s Victory Pushes Oil Prices Up Amid Market Uncertainty Oil prices have seen a marked increase following Donald Trump’s win in the 2024 U.S. presidential election. Brent crude rose to $75.57 per barrel, and U.S. West Texas Intermediate (WTI) climbed to $72.23,

November 7, 2024

Dollar-for-Crude: PETROAN Rejects Dangote Refinery’s Dollar Sale Policy

Business News·FEATURES·News·Oil & Gas

Marketers, Dangote Refinery In Price War For Nigeria’s Fuel Market

In a heated standoff that has gripped Nigeria’s fuel industry, independent petroleum marketers and the Dangote Refinery have found themselves locked in a battle over fuel prices, import competition, and quality control. While Dangote’s newly announced price of N990 per litre for

November 6, 2024

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business News·FEATURES·Oil & Gas

Why We Need Effective Regulation As Dangote Refinery, Marketers Clash Over Petrol Price

While Nigerian consumers grapple with high cost and scarcity of Premium Motor Spirit (PMS) also known as petrol, Dangote Refinery and petroleum marketers have been embroiled in a feud over supply and price. This development, according to experts, calls for government intervention

November 5, 2024

Dangote Misleads Nigerian Govt On N500m Of Fuel Storage, Pushes NNPC To Buy Petrol At ₦990/Litre

Business News·News·Oil & Gas

Dangote Misleads Tinubu On N500m Fuel Storage, Pushes NNPC To Buy Petrol At ₦990

Dangote’s Fuel Supply and Pricing Raises Questions in Nigeria’s Oil Market Billionaire industrialist, Aliko Dangote, reportedly misled President Ahmed Tinubu about having 500 million litres of fuel in storage. Despite this claim, Dangote is said to be pushing the Nigerian National Petroleum

November 5, 2024

Petrol Price Or Pretense: Nigerians Question Dangote Refinery’s N990 Fuel Amid Rising Hardship

Business News·FEATURES·News·Oil & Gas

Nigerians Question Dangote Refinery’s N990 Price As Fuel Hardship Deepens

As Nigeria battles with the challenges of inflation, economic hardship, and fluctuating fuel prices, a new layer of frustration is emerging. The Dangote Refinery, widely anticipated as a game-changer for Nigeria’s fuel industry, recently announced its pricing structure, selling petrol at N990

November 5, 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 37

Uganda Targets First Pearl Sweet Crude Export in December

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

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

South Africa, Angola, Namibia, 4 Others Set to Lift Fuel from Dangote Refinery

Tenants Panic As Landlords Blame Rent Hikes On Inflation Rate, Fuel Costs

Rising Flames: How Petrol Price Hikes Burn Holes In Citizens Pockets

Marketers Kick Against Dangote Monopoly, Insist On Continued Petrol Imports

Oil Prices Rise to $75 Per Barrel After Trump’s Victory

Marketers, Dangote Refinery In Price War For Nigeria’s Fuel Market

Why We Need Effective Regulation As Dangote Refinery, Marketers Clash Over Petrol Price

Dangote Misleads Tinubu On N500m Fuel Storage, Pushes NNPC To Buy Petrol At ₦990

Nigerians Question Dangote Refinery’s N990 Price As Fuel Hardship Deepens

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

Broken System, Broken Lives – Tinubu’s Toxic Legacy

Two Group Chats, One Nigeria: Gen Z Pays The Bills, Boomers Write The Laws

Deliver Votes or Be Sacked: The New Politics in Ebonyi

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Oil & Gas - Page 37

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