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Oil & Gas - Page 45

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

Port Harcourt Refinery Fails to Meet Production Deadline After 7th Postponement In 2024, NNPC Remains Silent

Business News·News·Oil & Gas

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

The Port Harcourt Refinery in Rivers State has once again failed to commence operations, despite multiple promises from the Nigerian National Petroleum Company Limited (NNPC) and the Ministry of Petroleum Resources. This marks the seventh postponement of the refinery’s production, with the

October 2, 2024

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

Business News·FEATURES·News·Oil & Gas

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Nigeria is on the verge of a significant transformation in its energy sector with the launch of the Naira-for-Crude deal. The Federal Government’s plan to begin selling crude oil in naira to domestic refineries, including the Dangote Refinery, will start on October

October 1, 2024

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

Business News·News·Oil & Gas

Dangote To Transport Refined Products By Sea

The Dangote Group has announced plans to start transporting refined petroleum products by sea. This development aims to ease road congestion and facilitate smoother export operations to other African countries. In a statement on Sunday, the Senior Adviser to the Group President

September 30, 2024

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Business News·News·Oil & Gas

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Crude Oil Losses Fall Dramatically in 2023 Nigeria’s crude oil theft has seen a significant drop, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). The latest report, covering 2022 and 2023, reveals that about 7.68 million barrels of crude oil were

September 30, 2024

Business News·News·Oil & Gas

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) is confident that Nigeria can reach a daily crude oil production level of 3 million barrels. Mr. Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, shared this view during a Stakeholders Engagement Session with

September 29, 2024

Why NNPC Is Facing Challenges Meeting Crude Supply Demands To Dangote Refinery- PENGASSAN

Business News·News·Oil & Gas

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disclosed why the Nigerian National Petroleum Company (NNPC) Limited is facing difficulties in supplying crude oil to the Dangote Refinery. The revelation was made by PENGASSAN President, Festus Osifo, during

September 27, 2024

Business News·FEATURES·News·Oil & Gas

Petrol Price: Can Strengthening The Naira Save Nigerians?

Rising Petrol Price Sparks Concern The price of petrol has become a pressing concern for Nigerians, with many wondering if there is a way out of the current economic situation. The reality is that the price of petrol directly affects every aspect

September 26, 2024

Business News·FEATURES·Oil & Gas

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Apart from the recent hike in petrol price, Nigerians are also confronted with a 70 per cent surge in price of Liquefied Petroleum Gas (LPG), also known as cooking gas. This no doubt has taken a heavier toll on income of households as

September 26, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business News·News·Oil & Gas

Dangote Backs End Of Petrol Subsidy, Citing Economic Gains

Nigerian billionaire Aliko Dangote has expressed strong support for ending the country’s long-standing petrol subsidy. During an interview with Bloomberg TV in New York, Dangote said, “The time is right to get rid of subsidies,” emphasising that the move could significantly benefit

September 24, 2024

Business News·FEATURES·News·Oil & Gas

Nigeria’s Gas Gamble: Can The Brass LNG Revival Deliver On Promises?

A Bold Move Amid Gas Challenges The Nigerian government’s recent announcement to revive the long-abandoned Brass LNG project has sparked fresh debates and raised several questions. Set aside in 2006, the Brass LNG project was originally projected to produce 10 million tonnes

September 23, 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 45

Uganda Targets First Pearl Sweet Crude Export in December

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

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Dangote To Transport Refined Products By Sea

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

Petrol Price: Can Strengthening The Naira Save Nigerians?

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Dangote Backs End Of Petrol Subsidy, Citing Economic Gains

Nigeria’s Gas Gamble: Can The Brass LNG Revival Deliver On Promises?

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