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Oil & Gas - Page 54

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

The United States has seized a sanctioned Venezuelan oil tanker off the country’s coast, President Trump announced Wednesday, escalating tensions with Caracas and sending oil prices higher. “We’ve just seized a tanker on the coast of Venezuela, very large, largest one ever,”

December 11, 2025

IPMAN Seeks Dangote Refinery's Partnership For Direct Product Allocation, Eases Concerns Over Petrol Stability

Business·News·Oil & Gas

IPMAN Tackles NNPC Over Alleged Delay In Distribution Of Petroleum Products

Oil marketers, representing the Independent Petroleum Marketers Association of Nigeria (IPMAN), have criticized the Nigerian National Petroleum Company Limited (NNPCL) for what they claim is a delay in the supply of petroleum products.

January 24, 2024

Business·News·Oil & Gas

Tinubu Promises More Interventions To Enhance Investments In Nigeria’s Oil, Gas Sector, Tasks Players On Maintaining PIA Provisions

President Bola Tinubu has reiterated his administration’s commitment to providing the needed interventions to safeguard and enhance investments in the oil and gas industry.

January 23, 2024

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

Business·News·Oil & Gas

Dangote Refinery: 75% Of Oil Marketers Register For Product Distribution

Dangote Refinery has successfully enlisted the support of three major oil marketers, representing a substantial 75% share of the Nigerian market, for the distribution of its refined products.

January 23, 2024

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Business·Oil & Gas

Netizens React As Dangote Refinery Promises To Sell Petroleum Products In Naira Not Dollar

Dangote Petroleum Refinery has announced that its petroleum products will be sold in the national currency, the Naira, dispelling speculations about transactions being conducted in United States dollars.

January 23, 2024

Business·Oil & Gas

Exit Of Shell, Agip, Other MNOs Opportunity To Decolonise Nigeria’s Economy – Shehu Sani

Shehu Sani, has asserted that the exit of British energy giant, Shell Plc, Agip and other multinational oil companies from Nigeria would free the country from economic stagnation.

January 23, 2024

Business·Oil & Gas

Dangote Refinery To Supply 150,000 IPMAN Outlets Nationwide

Dangote Petroleum Refinery has confirmed its commitment to supply fuel to over 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria (IPMAN).

January 22, 2024

FEATURES·Oil & Gas

Dangote Refinery: Fueling Nigeria’s Economic Resurgence Or Monopoly Menace?

In the heart of Nigeria's economic landscape, a peculiar debate is unfolding, with the upcoming Dangote Refinery at its epicenter.

January 21, 2024

Nigeria Reaffirms OPEC Commitment Amid Angola's Exit, Aims To Exceed Production Targets

Business·Oil & Gas

Lokpobiri Affirms Commitment To $1.9trn Energy Transition Despite Global Fossil Fuel Divestment Pressure

Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (oil) in Nigeria, asserted that despite global pressure to abandon fossil fuel investments, Nigeria remains committed to utilizing revenues from its hydrocarbons to fund a $1.9 trillion energy transition plan. Lokpobiri in an

January 21, 2024

1.78mpd Oil Output Project Can Be Achieved – NNPCL

Business·Oil & Gas

NNPC Defends $3.3bn Oil Loan Aims To Bolster FX Reserves Amid Mixed Reactions

The Nigerian National Petroleum Company Limited (NNPCL) has justified its controversial $3.3 billion oil pre-payment loan, dubbed 'Project Gazelle'.

January 21, 2024

Business·Oil & Gas

14 Fossil Fuel Giants’ $346.713bn Windfall Profit Calls For Global Climate Action

A report by ActionAid has revealed that 14 fossil fuel companies experienced profit windfalls of $346.713bn in just 24 months.

January 21, 2024

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Oil & Gas - Page 54

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

IPMAN Tackles NNPC Over Alleged Delay In Distribution Of Petroleum Products

Tinubu Promises More Interventions To Enhance Investments In Nigeria’s Oil, Gas Sector, Tasks Players On Maintaining PIA Provisions

Dangote Refinery: 75% Of Oil Marketers Register For Product Distribution

Netizens React As Dangote Refinery Promises To Sell Petroleum Products In Naira Not Dollar

Exit Of Shell, Agip, Other MNOs Opportunity To Decolonise Nigeria’s Economy – Shehu Sani

Dangote Refinery To Supply 150,000 IPMAN Outlets Nationwide

Dangote Refinery: Fueling Nigeria’s Economic Resurgence Or Monopoly Menace?

Lokpobiri Affirms Commitment To $1.9trn Energy Transition Despite Global Fossil Fuel Divestment Pressure

NNPC Defends $3.3bn Oil Loan Aims To Bolster FX Reserves Amid Mixed Reactions

14 Fossil Fuel Giants’ $346.713bn Windfall Profit Calls For Global Climate Action

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Musa Calls Time on Illustrious Super Eagles Career

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Oil & Gas - Page 54

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