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Oil & Gas - Page 52

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

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business News·News·Oil & Gas

Dangote Refinery’s Supplies Will Disrupt Europe’s Oil & Gas Industry – OPEC

The Organisation of Petroleum Exporting Countries (OPEC), has noted that supplies from 650,000bpd capacity Dangote Refinery and Petrochemical Company will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil

August 8, 2024

Business News·News·Oil & Gas

Dangote-Regulator Face-off: We Didn’t Sabotage Any Refinery – NNPCL Boss

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Mr. Mele Kyari has said the company has not sabotaged any domestic refinery. He said the national oil company has not breached any law guiding its dealings with partners,

August 7, 2024

News·Oil & Gas

NNPCL Exports 950,000 Barrels Cargo Of New Crude Oil Grade To Europe

A new crude oil grade called Utapate has been unveiled to the global market by the Nigerian National Petroleum Company Limited (NNPCL). The first cargo of 950,000 barrels of the Utapate crude oil mix was exported to Spain in July from Oil

August 6, 2024

CNG Will Save N2trn Monthly Spend On Petrol, Diesel - Tinubu

Business News·News·Oil & Gas

CNG Will Save N2trn Monthly Spending On Petrol, Diesel – Tinubu

Nigeria’s President, Bola Ahmed Tinubu, has underscored the economic benefits of the Compressed Natural Gas (CNG) Initiative launched by the Federal Government to reduce transportation costs. Tinubu said the initiative will save N2 trillion spent monthly on the importation of Premium Motor

August 4, 2024

Adopt Concrete Road Construction Over Asphalt- Dangote Urges Nigerian Govt

Oil & Gas

Nigerian Govt Directs NNPC To Sell Crude To Dangote, Others In Naira

The Nigerian government has directed the Nigerian National Petroleum Company (NNPC) to sell crude oil to the Dangote Refinery and others in naira, in a bid to boost the local currency and promote domestic economic activities. A statement by the President’s Special

July 30, 2024

Business News·News·Oil & Gas

Vessels Discharge Hitches Causing Fuel Scarcity – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) on Saturday said the resurgence of fuel scarcity in some parts of the country including Lagos and Abuja is due to a hitch in the discharge operations of some vessels. Primebusiness.africa reports that in a statement

July 28, 2024

Business News·News·Oil & Gas

Dangote Refinery Debunks Report On Reselling Imported Crude

Dangote Petroleum Refinery has debunked reports that it is reselling crude oil imported from the United States and the ones sourced from Nigeria. A report by Reuters on Friday, 26th July, cited three sources saying the Dangote Refinery resold crude cargoes because

July 27, 2024

Business News·News·Oil & Gas

Oando Denies Having Interests In Maltese Blending Plant

Oando PLC, an indigenous oil and gas company in Nigeria, has denied allegations that it owns a blending plant and storage facility in Malta. A post via X on Friday, 26th July, had alleged that the company is a shareholder and some

July 27, 2024

Business News·Oil & Gas

Eni Receives Approval To Sell Agip Oil To Oando

Italian Energy oil company, Eni, has announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has approved its bid to sell the Nigerian Agip Oil Company (NAOC), to Oando Plc. In a statement released on Wednesday, the oil major stated that having

July 26, 2024

Business News·News·Oil & Gas

Dangote Refinery: NNPC Boss Denies Owning Blending Plant In Malta

Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has said he does not own a blending plant in Malta and does not know any employee of NNPCL who owns or operates such facility outside the country.

July 24, 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 52

Uganda Targets First Pearl Sweet Crude Export in December

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

Dangote Refinery’s Supplies Will Disrupt Europe’s Oil & Gas Industry – OPEC

Dangote-Regulator Face-off: We Didn’t Sabotage Any Refinery – NNPCL Boss

NNPCL Exports 950,000 Barrels Cargo Of New Crude Oil Grade To Europe

CNG Will Save N2trn Monthly Spending On Petrol, Diesel – Tinubu

Nigerian Govt Directs NNPC To Sell Crude To Dangote, Others In Naira

Vessels Discharge Hitches Causing Fuel Scarcity – NNPCL

Dangote Refinery Debunks Report On Reselling Imported Crude

Oando Denies Having Interests In Maltese Blending Plant

Eni Receives Approval To Sell Agip Oil To Oando

Dangote Refinery: NNPC Boss Denies Owning Blending Plant In Malta

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Oil & Gas - Page 52

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