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Oil & Gas - Page 68

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

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business News·News·Oil & Gas

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

Independent Petroleum Marketers Association of Nigeria (IPMAN), reassured the public on Monday that there are no plans to increase the pump price of Premium Motor Spirit (PMS), commonly known as petro

January 9, 2024

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

Business News·Oil & Gas

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

Last month, Nigeria emerged as a beacon of stability in the tumultuous world of oil production. As the UAE and Angola curtailed their outputs, Nigeria surged forward

January 8, 2024

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

News·Oil & Gas

IPMAN Allays Fears Of Petrol Price Increase, Urges Nigerians To Stop Panic Buying

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said there is no plan to increase pump price of Premium Motor Spirit (PMS) popularly called petrol by its members, urging Nigerians to stop engaging in panic buying. Chairman of IPMAN, Enugu Depot,

January 7, 2024

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Business News·News·Oil & Gas

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the test run on the 60,000-barrels-per-day (bpd) Port Harcourt refinery is on course and would be concluded this month. Femi Soneye, the NNPCL’s spokesperson, gave the affirmation on Thursday that the impending

January 5, 2024

News·Oil & Gas

Supreme Court Grants Hearing Of Shell’s Appeal In $878m Oil Spill Case

Nigeria’s Supreme Court has ruled in favour of Shell Petroleum Development Company of Nigeria Ltd. (SPDC Nig), granting it a hearing on the alleged oil spill case in the Niger Delta.

January 5, 2024

FEATURES·Oil & Gas

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

Nigeria’s oil and gas industry experienced ups and downs as the government adopted key policy decisions that had far-reaching impacts on the economy.

January 5, 2024

NNPC, Oil Marketers Disagree Over Fuel Subsidy Regime Contract

Business News·Oil & Gas

How Fuel Subsidy Removal Forced Many Marketers Out Of Business – IPMAN

IPMAN voiced its concern over the crippling effects of President Bola Tinubu's removal of fuel subsidies, highlighting the immense financial strain on their members.

January 4, 2024

Business News·Oil & Gas

No Plan To Increase Petrol Pump Price, NNPC Assures Nigerians

The Nigerian National Petroleum Company (NNPC) Limited says it has no plan to increase the pump price of Premium Motor Spirit (PMS) commonly known as petrol. This was made known in a statement signed by the NNPCL Chief Corporate Communications Officer, Olufemi

January 3, 2024

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Business News·Oil & Gas

NNPC, Marketers Bicker On Fuel Subsidy Payment As Naira Depreciation Deepens

Further depreciation of naira while the pump price of Premium Motor Spirit (PMS) popularly called petrol sells between N617 and N650 have resurrected contentious debates between independent petroleum marketers and the Nigerian National Petroleum Company Limited NNPC

January 3, 2024

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

Business News·Oil & Gas

Nigeria’s Petroleum Minister Targets 2 Million Barrels Daily Crude Oil Production In 2024

Minister of State for Petroleum Resources, Heineken Lokpobiri, has set a target for Nigeria's crude oil production, eyeing a jump to 2 million barrels per day in 2024.

January 2, 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 68

Uganda Targets First Pearl Sweet Crude Export in December

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

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

IPMAN Allays Fears Of Petrol Price Increase, Urges Nigerians To Stop Panic Buying

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

Supreme Court Grants Hearing Of Shell’s Appeal In $878m Oil Spill Case

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

How Fuel Subsidy Removal Forced Many Marketers Out Of Business – IPMAN

No Plan To Increase Petrol Pump Price, NNPC Assures Nigerians

NNPC, Marketers Bicker On Fuel Subsidy Payment As Naira Depreciation Deepens

Nigeria’s Petroleum Minister Targets 2 Million Barrels Daily Crude Oil Production In 2024

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Broken System, Broken Lives – Tinubu’s Toxic Legacy

Two Group Chats, One Nigeria: Gen Z Pays The Bills, Boomers Write The Laws

Deliver Votes or Be Sacked: The New Politics in Ebonyi

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Oil & Gas - Page 68

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