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Oil & Gas - Page 46

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

Nigerian Military Cracks Down On 71 Illegal Refineries, Seize 788,400 litres Of Stolen Crude Oil In 1 Week

Business News·News·Oil & Gas

Military Destroys 71 Illegal Refineries, Seizes 788,400 Litres Of Stolen Crude Oil

Nigerian Troops Seize 788,400 Litres of Stolen Crude Oil in Niger Delta In a week-long operation, Nigerian troops have destroyed 71 illegal crude oil refining sites in the Niger Delta region. The military also seized 788,400 litres of stolen crude oil and

September 21, 2024

https://dangote.com/our-business/oil-and-gas/

Business News·FEATURES·News·Oil & Gas

NNPCL VS Dangote Refinery: Price War Or Fraud?

NNPCL and Dangote Refinery in Pricing Controversy A fresh storm is brewing in Nigeria’s energy sector as the Nigeria Labour Congress (NLC) accuses the Nigeria National Petroleum Corporation Limited (NNPCL) and Dangote Refinery of engaging in fraudulent practices regarding fuel pricing. The

September 20, 2024

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

Business News·News·Oil & Gas

Taxes, Not Oil Prices, Driving Fuel Costs- OPEC

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has disclosed that taxes imposed by major oil-consuming countries, not oil prices, are the main driver behind rising fuel costs at the pump. Al Ghais revealed this during

September 19, 2024

Business News·FEATURES·News·Oil & Gas

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled with corruption, mismanagement, and leadership failures. The result is a

September 18, 2024

Business News·News·Oil & Gas

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Crude-for-Naira Deal to Start from October 1 The Crude-for-Naira initiative, set to begin on October 1, 2024, has generated wide reactions across Nigeria, with key industry players expressing optimism. The agreement struck between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote

September 17, 2024

Business News·News·Oil & Gas

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

To address issues associated with logistics, Dangote Petrochemical Refinery has built a facility that enables evacuation of up to 75 per cent of petroleum products from the refinery through sea. Vice President, Dangote Industries Limited, Mr. Devakumar Edwin, disclosed this on Sunday

September 16, 2024

NNPC Refutes Viral Claims That Its Fuel Does Not Last

Business News·News·Oil & Gas

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

The Nigeria National Petroleum Company Limited (NNPCL), has released estimated pump prices of Premium Motor Spirit (PMS), also known as petrol, for September 2024 for its retail outlets, indicating variations across states in Nigeria. According to the new price template, while petrol

September 16, 2024

Naira-for-Crude Policy: Bold Economic Reform Or Risky Gamble For Nigeria's Future?

Business News·FEATURES·News·Oil & Gas

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

Nigeria Introduces Naira-for-Crude Policy Nigeria has long been a major player in the global oil market, exporting its crude oil in exchange for US dollars, the dominant currency in international trade. This practice, while in line with global norms, has led to

September 16, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business News·News·Oil & Gas

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

SERAP Takes Legal Action Against President and NNPCL The Socio-Economic Rights and Accountability Project (SERAP) has taken a legal action against President Bola Tinubu, demanding the reversal of the recent petrol price hike and an investigation into alleged corruption within the Nigerian

September 16, 2024

We’re Selling PMS At N990/Litre, Dangote Reveals

Business News·News·Oil & Gas

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

Dangote Refinery has said it sold Premium Motor Spirit (PMS) also known as petrol to the Nigeria National Petroleum Company Limited (NNPCL) at a cheaper rate. In a statement by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company debunked

September 16, 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 46

Uganda Targets First Pearl Sweet Crude Export in December

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

Military Destroys 71 Illegal Refineries, Seizes 788,400 Litres Of Stolen Crude Oil

NNPCL VS Dangote Refinery: Price War Or Fraud?

Taxes, Not Oil Prices, Driving Fuel Costs- OPEC

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

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