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Oil & Gas - Page 40

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

Cooking Gas: The Fire Nigerians Can’t Afford To Keep Burning

Business News·Oil & Gas

Nigeria Bans Cooking Gas Exports Amid Rising Prices

As part of measures to stem the tide of soaring prices of Liquefied Petroleum Gas (LPG) also known as cooking gas, the Nigerian government has banned export of locally produced one with effect from 1 November 2024. The directive was issued by

October 23, 2024

Dangote Refinery, FCCPC Clash As NNPCL Insists On Importation Of Fuel

Business News·News·Oil & Gas

Naira-for-Crude Deal Boosts As Dang0te Refinery Gets First Supply From NNPCL

Dangote Refinery Receives Four Cargoes Under Naira-for-Crude Deal The Dangote Petroleum Refinery has received four cargoes of crude oil from the Nigerian National Petroleum Company Limited (NNPCL) under the newly implemented naira-for-crude agreement. This development was confirmed by officials from both the

October 23, 2024

Business News·FEATURES·News·Oil & Gas

Nigeria’s Energy Crisis: A Fuel Hike Or A Broken System?

The Deepening Nigerian Energy Crisis Nigeria is currently grappling with a severe energy crisis, one that goes beyond rising fuel prices. Citizens face a shortage of fuel for vehicles, generators, and kerosene for cooking. This is as steady electricity remains a

October 23, 2024

Business News·News·Oil & Gas

Fuel Price Chaos: From N195 To N1,200 In Less Than 2years Amid Economic Hardship

A Price Surge That Stunned a Nation Nigeria, Africa’s largest economy, has faced a fuel price increase so staggering that citizens are left reeling in shock. In less than two years, fuel prices skyrocketed from N195 per litre to over N1,200 at

October 22, 2024

Why We Resort To Importing Crude From U.S. – Dangote

Oil & Gas·Opinion

Implications Of Dangote Refinery’s Case Against NNPC And Others On Nigeria’s Energy Sector

Dangote Petroleum Refinery and Petrochemicals FZE has filed a lawsuit at the Federal High Court in Abuja, seeking to nullify the import licenses issued to the Nigeria National Petroleum Corporation Limited (NNPC), Matrix Petroleum Services Limited, A.A. Rano Limited, and four other

October 21, 2024

Business News·News·Oil & Gas

Nigeria Govt Approves $1.28bn Seplat-ExxonMobil Deal 2 Years After

Nigerian government has approved the sale of Exxon Mobil’s onshore assets to Seplat Energy, more than two years after the $1.28 billion deal was struck by the two energy firms. Chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga

October 21, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business News·News·Oil & Gas

Dangote Refinery Supplies Two-Thirds Of Nigeria’s Jet Fuel As Imports Decline

Dangote Refinery Takes Lead in Jet Fuel Production Aviation jet fuel from the Dangote Refinery has come to dominate Nigeria’s supply, accounting for roughly two-thirds of the market. This development marks a shift in the country’s reliance on imported jet fuel, with

October 21, 2024

Oil & Gas

Aftermath Of Round Table Discussion: Oil Companies, HCDT In For Better Days

A two day roundtable discussion aimed at exploring the full benefit of the Petroleum Industry Act (PIA), Gender Equality and social inclusion as well as Community Needs Assessment has ended in Port Harcourt, Rivers State. The round table discussion, which has stakeholders

October 18, 2024

Business News·FEATURES·News·Oil & Gas

The Safety Of Using CNG: A Growing Concern After Benin Explosion

The Push for CNG Adoption in Nigeria As Nigeria continues its shift from petrol and diesel-powered vehicles to Compressed Natural Gas (CNG), a recent incident has thrown safety concerns into the spotlight. On Thursday, October 17, a tragic explosion occurred at a

October 18, 2024

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Business News·FEATURES·News·Oil & Gas

Fuel Prices Hike: A Double-Edged Sword For Economic Reform

Fuel Subsidy Removal: Economic Strategy or Crisis Catalyst? Nigeria’s removal of fuel subsidies is a major turning point in its economic strategy. With petrol prices now exceeding N1,000 per litre in many cities, the government claims this move is necessary for long-term

October 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 40

Uganda Targets First Pearl Sweet Crude Export in December

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

Nigeria Bans Cooking Gas Exports Amid Rising Prices

Naira-for-Crude Deal Boosts As Dang0te Refinery Gets First Supply From NNPCL

Nigeria’s Energy Crisis: A Fuel Hike Or A Broken System?

Fuel Price Chaos: From N195 To N1,200 In Less Than 2years Amid Economic Hardship

Implications Of Dangote Refinery’s Case Against NNPC And Others On Nigeria’s Energy Sector

Nigeria Govt Approves $1.28bn Seplat-ExxonMobil Deal 2 Years After

Dangote Refinery Supplies Two-Thirds Of Nigeria’s Jet Fuel As Imports Decline

Aftermath Of Round Table Discussion: Oil Companies, HCDT In For Better Days

The Safety Of Using CNG: A Growing Concern After Benin Explosion

Fuel Prices Hike: A Double-Edged Sword For Economic Reform

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