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Oil & Gas - Page 43

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

NNPCL Denies Inflating Fuel Subsidy Payments

Business News·News·Oil & Gas

NNPCL Faces Criticism Over Selling Fuel To Marketers At N1,010

NNPCL Fuel Prices Ignite Controversy The Nigerian National Petroleum Company Limited (NNPCL) has come under fire for asking independent oil marketers to purchase fuel at higher prices than what it paid for the product from the Dangote Refinery. Marketers are now calling

October 10, 2024

imagesThe Impending Storm: Transportation Costs Set To Skyrocket As Petrol Prices Rises To Over N1,000

Business News·News·Oil & Gas

The Impending Storm: Transportation Costs Set To Skyrocket As Petrol Price Rises To Over N1,000

Understanding the Price Hike Petrol price hike in Nigeria has sparked widespread concern across the nation. Transportation costs are set to skyrocket as some stations of the Nigerian National Petroleum Company Limited (NNPCL) have raised the price of petrol to N1,000 and

October 10, 2024

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

Business News·News·Oil & Gas

Crude-for-Loan: Dangote Calls For End To Mortgaging Crude Oil

Dangote Advocates Halt on Crude-for-Loan Deals Aliko Dangote, the President of the Dangote Group, has urged Nigeria to stop mortgaging crude oil in exchange for loans, warning that such practices could hurt the future of local refineries. He voiced this concern at

October 9, 2024

Business News·News·Oil & Gas

Breaking: NNPCL Fuel Pump Price Set For ₦1000

The Nigeria National Petroleum Company Limited (NNPCL), filling stations in Lagos have adjusted their fuel pump prices to ₦998. As queues return early this morning in parts of Lagos, many filling stations in Ikoyi are not selling. Attendants at NNPCL stations say

October 9, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business News·News·Oil & Gas

Naira-for-Crude Deal To Last Six Months As Dangote Refinery Receives 400,000 Barrels Of Oil Daily

Naira-for-Crude: A Six-Month Deal at Dangote Refinery The Naira-for-crude deal, in which Nigeria’s National Petroleum Company Limited (NNPC) will supply crude oil to Dangote Refinery in exchange for naira payments, is set to last for six months, according to sources close to

October 8, 2024

Business News·News·Oil & Gas·World News

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

Oil Prices Rise on Middle East Tensions Global oil prices are climbing once again, driven by fears of escalating conflict in the Middle East. Brent crude, the global oil benchmark, inched closer to $80 per barrel on Monday, marking the continuation of

October 8, 2024

Business News·News·Oil & Gas

NCDMB Highlights Positive Impacts Of Presidential Directives On Local Content In Nigeria’s Oil Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle to six months, courtesy of the three Presidential Directives

October 8, 2024

NCDMBExecutiveSecretaryatbreakfastmeetingwithmediaexecutivesinLagos copy x

Business News·News·Oil & Gas

Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has debunked claims that the implementation of local content policy increases the cost of crude oil production in Nigeria. Engr Ogbe explained that the major factors affecting the cost

October 8, 2024

Business News·News·Oil & Gas

NNPCL Ends Sole Off-taker Role For Dangote Refinery, Fuel Marketers To Buy Directly

NNPCL No Longer the Sole Off-taker from Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has announced that it will no longer serve as the exclusive middleman between Dangote Refinery and fuel marketers. This shift in policy allows marketers to now

October 7, 2024

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

Business News·News·Oil & Gas

LCCI Commends Government’s VAT Exemptions On Diesel, Cooking Gas, Advocates For CNG Expansion

LCCI Supports VAT Exemption on Diesel and Cooking Gas The Lagos Chamber of Commerce and Industry (LCCI) has praised the federal government’s decision to exempt cooking gas and diesel from Value Added Tax (VAT). This move, according to the LCCI, will help

October 7, 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 43

Uganda Targets First Pearl Sweet Crude Export in December

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

NNPCL Faces Criticism Over Selling Fuel To Marketers At N1,010

The Impending Storm: Transportation Costs Set To Skyrocket As Petrol Price Rises To Over N1,000

Crude-for-Loan: Dangote Calls For End To Mortgaging Crude Oil

Breaking: NNPCL Fuel Pump Price Set For ₦1000

Naira-for-Crude Deal To Last Six Months As Dangote Refinery Receives 400,000 Barrels Of Oil Daily

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

NCDMB Highlights Positive Impacts Of Presidential Directives On Local Content In Nigeria’s Oil Gas Industry

Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

NNPCL Ends Sole Off-taker Role For Dangote Refinery, Fuel Marketers To Buy Directly

LCCI Commends Government’s VAT Exemptions On Diesel, Cooking Gas, Advocates For CNG Expansion

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

Broken System, Broken Lives – Tinubu’s Toxic Legacy

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Deliver Votes or Be Sacked: The New Politics in Ebonyi

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Oil & Gas - Page 43

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