Oil & Gas - Page 40

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

NNPCL Slow To Settle $3bn Debt To Oil Traders, Cites Rising Global Prices, Refinery Progress

The Nigerian National Petroleum Company Limited (NNPCL) is facing scrutiny over its sluggish repayment of $3 billion debt owed to oil traders for imported petrol. Despite making progress in clearing the overdue

Emmanuel Ochayi

April 8, 2024

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Markets·News·Oil & Gas·World News

Iran-Israeli Crisis: Crude Oil Prices Surged Beyond $90 Per Barrel

Crude oil prices have surged beyond $90 a barrel, riding on the wave of escalating global tensions. Analysts attribute the spike to apprehensions surrounding potential supply disruptions, primarily fueled by the ongoing

Emmanuel Ochayi

April 8, 2024

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

Business·Markets·News·Oil & Gas

Nigerian Crude Oil Trades At $92 Per Barrel, $14 Higher Than FG Budget Benchmark Amid Global Supply Concerns

Nigerian crude oil continues to hold its premium status in the global market, trading higher than the Federal Government’s budget benchmark as investors remain wary of supply disruptions. With recent attacks on

Emmanuel Ochayi

April 3, 2024

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

Business·Oil & Gas

Prices Set To Crash As Dangote Refinery Begins Supply Of Diesel To Marketers

Indications have emerged that Dangote Refinery’s commencement of of supply of diesel to marketers will lead to a crash in the price of the commodity.

Victor Ezeja

April 3, 2024

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Business·News·Oil & Gas

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Nigerians have called on the Nigeria National Petroleum Company Limited (NNPCL), to reduce the pump price of petroleum products such as Premium Motor Spirit (PMS) also known as petrol and diesel.

Victor Ezeja

March 28, 2024

News·Oil & Gas·World News

Crude Oil Prices Dip To $85 In International Market Amid Global Tensions

Crude oil prices have undergone significant fluctuations in the international market over the past week. From a recent high of $87.61, the price of Brent Crude has dipped to $85.61 as of

Emmanuel Ochayi

March 23, 2024

NNPC Initiates Process For Stock Market Listing, Says CEO Mele Kyari

Business·Markets·News·Oil & Gas

NNPC Stock Market Listing Will Commence Soon, Says CEO Mele Kyari

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), announced on Wednesday during the 2024 CERAWEEK in Houston, United States, that the long-awaited public listing of

Emmanuel Ochayi

March 21, 2024

Business·Oil & Gas

Petrol Price Rises By 158% In 1 Year, As Zamfara Residents Paid Highest In February 2024

The average retail price paid by consumers for Premium Motor Spirit (PMS) also known as Petrol increased by 157.57 per cent in one year. This was disclosed in a report released Wednesday

Victor Ezeja

March 20, 2024

Savannah Energy’s Income Rises By 40% To $233.4m In H1 2024

Business·Oil & Gas

Savannah Energy Signs Share Purchase Agreements To Acquire 49% Interest In Stubb Creek Field, Nigeria

Savannah Energy PLC, the British independent energy company has signed separate Share Purchase Agreements (SPAs) with Sinopec International Petroleum Exploration and Production Corporation (SIPEC) and Jagal Ventures Limited to acquire 100 per

Victor Ezeja

March 19, 2024

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists

Markets·News·Oil & Gas·World News

Crude Oil Prices Surge To $86 Amidst Ukraine’s Attacks On Russian Refineries

The global crude oil market has been rocked by a surge in prices, triggered by relentless attacks on Russian refineries by Ukrainian fighters. Within just a week, prices of various crude oil

Emmanuel Ochayi

March 19, 2024

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Oil & Gas - Page 40

NNPCL Slow To Settle $3bn Debt To Oil Traders, Cites Rising Global Prices, Refinery Progress

Iran-Israeli Crisis: Crude Oil Prices Surged Beyond $90 Per Barrel

Nigerian Crude Oil Trades At $92 Per Barrel, $14 Higher Than FG Budget Benchmark Amid Global Supply Concerns

Prices Set To Crash As Dangote Refinery Begins Supply Of Diesel To Marketers

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Crude Oil Prices Dip To $85 In International Market Amid Global Tensions

NNPC Stock Market Listing Will Commence Soon, Says CEO Mele Kyari

Petrol Price Rises By 158% In 1 Year, As Zamfara Residents Paid Highest In February 2024

Savannah Energy Signs Share Purchase Agreements To Acquire 49% Interest In Stubb Creek Field, Nigeria

Crude Oil Prices Surge To $86 Amidst Ukraine’s Attacks On Russian Refineries

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