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Oil & Gas - Page 55

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

News·Oil & Gas

‘Shell Must Address Ecological, Health, Economic and Social Impacts Concerns in Niger Delta Before Selling Assets’

Shell has been called upon to address all concerns regarding the ecological, health, economic and social impacts of their operations for more than six decades in the Nigeria Delta.

January 18, 2024

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Oil & Gas

OPEC: Nigeria’s Crude Oil Production Soars To 1.4mbpd

Nigeria's crude oil production witnessed a rise to 1.418 mbpd in December 2023, marking an increase from November's 1.319 mbpd, as reported by the Organisation of the Petroleum Exporting Countries (OPEC).

January 18, 2024

Business·Oil & Gas

Shell Denies Exiting Nigeria Amid Sales Of Its Onshore Asset In Niger Delta

Shell PLC has refuted claims of a complete exit from Nigeria following the sale of its onshore business in the Niger Delta.

January 18, 2024

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

Business·Oil & Gas

Dangote Refinery: Eterna PLC Becomes Official Distributor

In a development, Eterna PLC has announced its official role as a domestic sales distributor for the Dangote Petroleum Refinery that just began operations in Nigeria. The Dangote refinery, having commenced the production of diesel and aviation fuel, marks a stride in

January 18, 2024

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

News·Oil & Gas

Oil Theft: 10,166 Illegal Refineries, Crude Pipeline Connections Destroyed In Nigeria Since 2021 – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) says 10,166 illegal refineries and crude oil pipeline connections have been destroyed in Nigeria since 2021. NNPCL, GCEO, Mele Kyari made this known when he spoke as a guest lecturer during the 2024 Faculty Lecture

January 18, 2024

10 Ways To Ensure Your Safety During A Gas Explosion

Oil & Gas

Ibadan Explosion: 10 Safety Tips During Gas Explosion

In light of the tragic and terrible news of the recent gas explosion in Ibadan, emphasizing the importance of gas safety has become even more critical. Gas explosions are potentially catastrophic events with devastating consequences. To safeguard yourself and those around you,

January 16, 2024

Business·News·Oil & Gas

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Shell has concluded plans to exit onshore oil operations in the Nigeria

January 16, 2024

Major Events That Shaped Nigeria's Oil & Gas Sector In 2023 And Looking Ahead 2024

Business·Oil & Gas

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Nigeria's oil and gas sector has developed as the star entertainer of the year, encountering a noteworthy surge of 125% over the past year, making it the best-performing record in 2023.

January 16, 2024

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

Business·Oil & Gas

Conoil Plc, NNPC Retail, 5 Others To Distribute Dangote Petroleum

Dangote Petroleum Refinery in Nigeria has marked a pivotal milestone as seven major oil marketers, including 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc, and NNPC Retail, have registered with the refinery for

January 15, 2024

Port Harcourt Refinery Is Over 75% Completed, Says Managing Director

Business·News·Oil & Gas

Why NNPCL Will Hand Over Port Harcourt Refinery To Private Operators

As the Port Harcourt oil refinery springs back to life, the Nigerian National Petroleum Company Limited (NNPCL) has announced its intention to hand over the government facility to private operators. In a move aimed at ensuring reliability and sustainability for the nation’s

January 15, 2024

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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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

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Oil & Gas - Page 55

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

‘Shell Must Address Ecological, Health, Economic and Social Impacts Concerns in Niger Delta Before Selling Assets’

OPEC: Nigeria’s Crude Oil Production Soars To 1.4mbpd

Shell Denies Exiting Nigeria Amid Sales Of Its Onshore Asset In Niger Delta

Dangote Refinery: Eterna PLC Becomes Official Distributor

Oil Theft: 10,166 Illegal Refineries, Crude Pipeline Connections Destroyed In Nigeria Since 2021 – NNPCL

Ibadan Explosion: 10 Safety Tips During Gas Explosion

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Conoil Plc, NNPC Retail, 5 Others To Distribute Dangote Petroleum

Why NNPCL Will Hand Over Port Harcourt Refinery To Private Operators

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Amnesty International Lists Alleged Gross Human Rights Violations Under Buhari’s Administration

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Tony Elumelu: Personal Branding As Corporate Strategy

Naira Depreciates To N1,487/$ In Black Market, Appreciates To N1,943/$ In Official Window

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

Amnesty International Lists Alleged Gross Human Rights Violations Under Buhari’s Administration

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Oil & Gas - Page 55

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