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Oil & Gas - Page 41

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

Oil & Gas

CNG Vehicle Explosion: FG Blames Faulty Cylinder, Warns Against Use Of Unaccredited Conversion Centres

The Federal Government has blamed the explosion of compressed natural gas (CNG) vehicle in Edo State on improperly welded Cylinder. The CNG-powered vehicle exploded at the NIPCO gas station in Aduwawa, along the Benin-Auchi highway, on Thursday, October 17, 2024, leaving many

October 17, 2024

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

Business News·News·Oil & Gas

NNPC Still Sole Off-taker For Dangote Petrol, Marketers Insist

NNPC Retains Control Despite Government Directive The Nigerian National Petroleum Company Limited (NNPC) remains the sole off-taker of Premium Motor Spirit (PMS) from the Dangote Petroleum Refinery, despite a recent directive by the Federal Government allowing other oil marketers to purchase directly

October 17, 2024

Nigeria's petrol Import declines In October As Dangote Refinery boosts production

Business News·News·Oil & Gas

Nigeria’s petrol Import declines As Dangote Refinery Boosts Production

The importation of petrol into Nigeria has seen a significant drop recently, marking a shift in the country’s fuel supply landscape. According to a report by S&P Global Commodity Insights, the first two weeks of October revealed a steep decline in petrol

October 17, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business News·Oil & Gas·Opinion

NNPC, Dangote Refinery And The Politics Of Petrol Pricing: Where Are We?

The situation of things concerning the prices of premium motor spirit (PMS) popularly called petrol continues to be a subject of great concern to many Nigerians. This is particularly because Nigerians continue to expect a fall in the prices of petroleum products

October 16, 2024

Petrol Not Cheap In Nigeria, IPMAN Counters Dangote

Business News·News·Oil & Gas

NNPCL, IPMAN Agree On New Petrol Price Of N995 Per Litre, Fuel Supply Resumes

The Nigerian National Petroleum Company Limited (NNPCL) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have agreed on a new ex-depot price of N995 per litre for petrol. This decision has led to the resumption of fuel loading at depots nationwide,

October 16, 2024

Business News·News·Oil & Gas

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Nigeria’s crude oil output dropped by 33,000 barrels in September Nigeria’s crude oil production in September fell by 33,000 barrels to an average of 1.405 million barrels per day (bpd), according to the latest report from the Organisation of the Petroleum Exporting

October 15, 2024

Fuel Price Hike: Nigeria’s Economic Reforms At The Cost Of The Masses’ Daily Struggles

Business News·FEATURES·News·Oil & Gas

Fuel Price Hike: Economic Reforms At The Masses Expense

The surge in fuel prices in Nigeria, following the removal of fuel subsidies by the Nigerian National Petroleum Corporation Limited (NNPCL), has stirred widespread concern. With fuel prices climbing from N885 to N998 in Lagos and N897 to above N1,000 in different

October 15, 2024

Chidoka Faults Nigeria's Quota System In School Admissions

Business News·News·Oil & Gas

Fuel Cost: Nigerian Workers’ Income Too Low To Sustain Consumption – Chidoka

Former Minister of Aviation, Osita Chidoka, has observed that fuel prices in Nigeria may not be high when compared to global standard prices, but the problem is that the income of the average citizen is very low and can’t cover consumption on

October 15, 2024

Business News·News·Oil & Gas

Petrol Smugglers Profited N17 Million per Truck Under Subsidy Regime – NNPCL

NNPCL’s Group Chief Executive Officer Reveals Major Losses from Smuggling The Nigerian National Petroleum Corporation Limited (NNPCL) has revealed that during the fuel subsidy regime, petrol smugglers were making enormous profits, with each 6,000-litre truck fetching them up to N17 million when

October 14, 2024

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

Business News·News·Oil & Gas

NNPCL Under Fire To Remove ‘Hidden Levies’ On Dangote Fuel Prices

The Nigeria National Petroleum Company Limited (NNPCL) has been urged to remove unnecessary charges that are inflating the cost of fuel supplied by Dangote Refinery in the country. A group known as the Coalition for Energy Reforms and Good Governance Advocacy said

October 14, 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 41

Uganda Targets First Pearl Sweet Crude Export in December

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

CNG Vehicle Explosion: FG Blames Faulty Cylinder, Warns Against Use Of Unaccredited Conversion Centres

NNPC Still Sole Off-taker For Dangote Petrol, Marketers Insist

Nigeria’s petrol Import declines As Dangote Refinery Boosts Production

NNPC, Dangote Refinery And The Politics Of Petrol Pricing: Where Are We?

NNPCL, IPMAN Agree On New Petrol Price Of N995 Per Litre, Fuel Supply Resumes

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Fuel Price Hike: Economic Reforms At The Masses Expense

Fuel Cost: Nigerian Workers’ Income Too Low To Sustain Consumption – Chidoka

Petrol Smugglers Profited N17 Million per Truck Under Subsidy Regime – NNPCL

NNPCL Under Fire To Remove ‘Hidden Levies’ On Dangote Fuel Prices

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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 41

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