Oil & Gas - Page 4

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the ongoing petrol price war between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL). Marketers say frequent price

Emmanuel Ochayi

March 15, 2025

7 Solutions To Boost Nigeria's Oil Production In 2025

Business·Oil & Gas

Seven Solutions To Boost Nigeria’s Oil Production

Nigeria’s oil sector has long struggled with declining production, theft, and underutilised refining capacity. The government has set an ambitious goal of increasing Nigeria’s oil production by one million barrels per day

Emmanuel Ochayi

March 15, 2025

Business·News·Oil & Gas

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

Shell has finally completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance Africa Energy Holdings. In separate statements on Thursday, both energy firms

Victor Ezeja

March 14, 2025

Business·FEATURES·Oil & Gas

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

In Nigeria, the paradox of being a leading crude oil producer yet heavily reliant on imported refined petroleum products has long puzzled many. This dependency has not only strained the nation’s economy

Emmanuel Ochayi

March 14, 2025

Business·Oil & Gas

Fuel Price War Intensifies As Landing Cost Drops To N774

The fuel price war in Nigeria’s downstream oil sector has taken a new turn as the landing cost of premium motor spirit (PMS) has dropped to N774.82 per litre. This is lower

Emmanuel Ochayi

March 13, 2025

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·Oil & Gas

Why Nigeria’s Crude Oil Production Is Declining – And What Next

Nigeria, Africa’s largest oil producer, is experiencing a steady drop in crude oil production. Once a major global supplier, the country has struggled to maintain its production levels due to several challenges.

Emmanuel Ochayi

March 13, 2025

Africa·Oil & Gas

How 10 Africa’s Most Populous Countries Generate Power

Africa is rich in natural resources, yet many of its most populous countries struggle to generate enough electricity. Power shortages impact economic growth and daily life, making energy security a major challenge.

Emmanuel Ochayi

March 13, 2025

10 African Countries With The Lowest Fuel Prices In March

Business·Oil & Gas

Petrol Price Reduction Threatening Our Businesses, Marketers Ask FCCPC, NMDPRA To Intervene

Oil marketers in Nigeria have raised concerns over frequent reductions in petrol prices, warning that their businesses are at risk. The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has called on

Emmanuel Ochayi

March 12, 2025

Business·FEATURES·Oil & Gas

Nigeria’s Oil Gamble: Will Dangote Refinery, NNPCL’s Naira-for-crude Deal Reshape Energy Market?

Nigeria In October 2024 embarked on a bold initiative to strengthen its energy sector by implementing the “Naira-for-crude” policy. This strategy allowed local refineries to purchase crude oil in the local currency,

Emmanuel Ochayi

March 12, 2025

Fueling Uncertainty: What The Government’s Naira-for-Crude Policy Means For Nigeria

FEATURES·Oil & Gas

Fueling Uncertainty: What Government’s Naira-for-Crude Policy Means For Nigeria

The Naira-for-Crude policy was introduced by the Nigerian government as a strategic intervention initiative to address the country’s fuel supply challenges, reduce reliance on foreign exchange (FX) for fuel imports, and stabilize the

Victor Ezeja

March 11, 2025

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Oil & Gas - Page 4

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

Seven Solutions To Boost Nigeria’s Oil Production

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

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

Fuel Price War Intensifies As Landing Cost Drops To N774

Why Nigeria’s Crude Oil Production Is Declining – And What Next

How 10 Africa’s Most Populous Countries Generate Power

Petrol Price Reduction Threatening Our Businesses, Marketers Ask FCCPC, NMDPRA To Intervene

Nigeria’s Oil Gamble: Will Dangote Refinery, NNPCL’s Naira-for-crude Deal Reshape Energy Market?

Fueling Uncertainty: What Government’s Naira-for-Crude Policy Means For Nigeria

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