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Oil & Gas - Page 71

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

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Business News·Oil & Gas

How Port Harcourt Refinery Forced Many Nigerians Out Of Business – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the non-functional state of the Port Harcourt Refinery in Rivers State has pushed many of people out of business by hampering the movement of persons, goods and services. The body disclosed this

December 14, 2023

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Business News·Oil & Gas

Petrol Should Sell N750/litre In Nigeria But For ‘Partial Return’ Of Subsidy – World Bank

The World Bank has revealed that premium motor spirit, otherwise known as petrol, should be priced in Nigeria at N750 per litre at the pumps unless the government is paying some form of subsidy on the product. The bank’s Lead Economist for

December 13, 2023

Business News·Oil & Gas

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

The Nigerian government has expressed optimism that the country will reach and exceed the benchmark for the 2024 crude oil budget of 1.7 million barrels per barrel despite a slight decrease in oil output in November 2023.

December 13, 2023

Business News·News·Oil & Gas

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Amidst escalating concerns, Nigerian National Petroleum Company Limited (NNPCL) has revealed 127 incidents of crude oil theft between December 2 and 8 within the oil-producing regions This was revealed through a report shared on Tuesday. In a candid acknowledgment of the intensifying

December 12, 2023

#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·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·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·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

Business News·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·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

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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 71

Uganda Targets First Pearl Sweet Crude Export in December

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

How Port Harcourt Refinery Forced Many Nigerians Out Of Business – IPMAN

Petrol Should Sell N750/litre In Nigeria But For ‘Partial Return’ Of Subsidy – World Bank

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

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

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

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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 71

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