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Oil & Gas - Page 60

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

#EndBadGovernance Protests: PDP Criticises Tinubu's Silence, Demands Immediate Response

Oil & Gas·World News

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

President Bola Tinubu on Tuesday expressed Nigeria’s preparedness to participate in friendly competitions in the international market for the supply of renewable energy as a way of diversifying the country’s economy. The Nigerian leader expressed this ambition in an op-ed published on

December 12, 2023

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

Business·News·Oil & Gas

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Dr. Godswill Ihetu, a former top executive at NNPC Limited and Nigeria LNG Limited, provided insights into the impending impact of the Dangote Refinery on Nigeria’s economy. “The commissioning process is underway, but we’re yet to witness the debut of products in

December 12, 2023

Business·News·Oil & Gas

Eterna Plc, TotalEnergies, MRS Oil Forecast N290bn Revenue In Q1 2024 Amidst Market Surge

In a bold toward Q1 2024, three major oil and gas entities—Eterna Plc, TotalEnergies Marketing Nigeria Plc, and MRS Oil—have revealed projections totaling N290 billion in revenue, as disclosed in their earnings forecast filed with the Nigerian Exchange Limited. Eterna Plc eyes

December 11, 2023

FBN Holding Appoints Otedola As Chairman Days After Return To Forbes African Billionaires

Business·News·Oil & Gas

Dangote’s $20 Billion Refinery To Propel Nigeria’s Economic Transformation, Environmental Sustainability- Otedola

Femi Otedola, a Nigerian billionaire investor, hailed Aliko Dangote’s colossal refinery project as a game-changer for Nigeria’s economy and environmental goals. Otedola, in a social media announcement on X (formerly Twitter), extending warm felicitations to his “bestie” Aliko Dangote, labeled the refinery

December 10, 2023

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Business·News·Oil & Gas

About 4,800 Illegal Pipeline Connections Nationwide- NNPCL Reveals

The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd. (NNPCL), Mele Kyari, highlighted 4,800 illegal connections discovered across 5,000 kilometers of oil pipelines throughout Nigeria. During a presentation before the Senate Committee on Appropriations, Kyari highlighted the grave impact

December 10, 2023

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

Business·News·Oil & Gas·World News

COP28: OPEC Urges Members To Reject Fossil Fuel Phase-Out, Stresses Emission Cuts

OPEC’s Secretary General, Haitham Al-Ghais, called upon member nations to prioritize emission reductions over targeting fossil fuels, citing the necessity for a fair transition. Al-Ghais expressed concerns about politically motivated campaigns endangering global prosperity and urged proactive rejection of any discourse exclusively

December 10, 2023

Business·Oil & Gas

Cooking Gas Price To Crash As FG Lifts VAT, Import Duty On LPG

In a bid to reduce the soaring price of cooking gas in the country, the Nigerian government has exempted the importation of liquefied petroleum gas (LPG) and its equipment from the payment of import duty and value-added tax (VAT). The Ministry of

December 9, 2023

Africa·News·Oil & Gas

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, revealed statistics highlighting Africa’s disproportionate share of global renewable energy investments. Adesina in an address at the Sustainable Trade Africa Conference in Dubai emphasized how this disparity, particularly in light of the European Union’s (EU)

December 8, 2023

Business·News·Oil & Gas

NNPC Seals LNG Deals To Fuel Domestic, International Markets

The Nigerian National Petroleum Company Limited (NNPC) has inked an agreement to supply Liquefied Natural Gas (LNG) to both the domestic and international markets. These landmark deals were formalized during separate signing ceremonies held on the sidelines of the United Nations Climate

December 7, 2023

Business·News·Oil & Gas

NNPC Signs 2 Gas Deals At COP28

The Nigeria National Petroleum Company Limited (NNPCL) has signed two gas contracts at the ongoing COP28 in Dubai United Arab Emirates (UAE).

December 6, 2023

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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 60

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

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Eterna Plc, TotalEnergies, MRS Oil Forecast N290bn Revenue In Q1 2024 Amidst Market Surge

Dangote’s $20 Billion Refinery To Propel Nigeria’s Economic Transformation, Environmental Sustainability- Otedola

About 4,800 Illegal Pipeline Connections Nationwide- NNPCL Reveals

COP28: OPEC Urges Members To Reject Fossil Fuel Phase-Out, Stresses Emission Cuts

Cooking Gas Price To Crash As FG Lifts VAT, Import Duty On LPG

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

NNPC Seals LNG Deals To Fuel Domestic, International Markets

NNPC Signs 2 Gas Deals At COP28

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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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