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Oil & Gas - Page 74

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

NMDPRA: Nigerian Govt Will Not Fix Price For Petroleum Products From Dangote Refinery, Pushes CNG Expansion

Business News·News·Oil & Gas

Dangote Announces $20 Billion Refinery Listing On NGX

Nigerian business mogul Aliko Dangote has unveiled plans to list his $20 billion Dangote Refinery on the Nigerian Exchange Limited (NGX). Dangote revealed the resolution of critical challenges hindering crude oil supply, a milestone propelling the refinery towards its long-anticipated listing. “We

November 26, 2023

Africa·Business News·News·Oil & Gas

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo has reiterated Nigeria’s support for the West African Gas Pipeline Project, emphasizing the government’s dedication to realizing its full potential. In his speech, In an address at the WAGP Authority Committee of Ministers

November 26, 2023

News·Oil & Gas·World News

UK Energy Price Surge Worsens Cost-of-Living Crisis

In the wake of escalating energy costs, households across the UK brace for a harsh winter as the regulatory body Ofgem announced a rise in the price cap on energy bills. With the cost-of-living crisis intensifying, Ofgem highlighted that the surge, effective

November 23, 2023

Business News·News·Oil & Gas

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

The Nigerian military has seized over 500,000 litres of stolen crude oil as part of an intensified crackdown on illicit activities in the country’s oil-rich Niger Delta region. Maj.-Gen. Edward Buba, Director of Defense Media Operations, declared the success of Operation Delta Safe. Speaking at a

November 23, 2023

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business News·News·Oil & Gas

Nigeria Govt To Revive Marginal Field Bid Round To Fuel Domestic Energy Boost

President Bola Tinubu has given the green light for a new round of bidding to revitalize abandoned oil and gas fields in Nigeria. This announcement, made by Minister of State for Petroleum Senator Heineken Lokpobiri, comes in the wake of the country’s

November 23, 2023

Business News·News·Oil & Gas

TotalEnergies Confirms Containment Of Egina FPSO Oil Leak

TotalEnergies has confirmed the containment of the oil leak from the Egina Floating Production Storage and Offloading (FPSO) vessel. Charles Ebereonwu, the company’s Country Communication Manager, assured that the oil leak, which occurred during crude loading on November 15, has been contained.

November 23, 2023

Business News·News·Oil & Gas

Union Bank Partners UGEAP To Fuel Renewable Energy Development In Nigeria

Universal Green Energy Access Programme (UGEAP) based in Luxembourg and Union Bank of Nigeria have solidified the groundwork for a strategic alliance aimed at propelling the growth of the renewable energy sector in Nigeria. This collaboration, signified by the initial signing of a Memorandum

November 22, 2023

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business News·News·Oil & Gas

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

In a revelation by the National Bureau of Statistics (NBS) on Wednesday, the average retail prices of petrol and diesel soared in October 2023. The NBS’s Petrol Price Watch for October disclosed that the average price of petrol reached an eye-watering N630.63 per

November 22, 2023

Business News·News·Oil & Gas

Nigeria, Germany Cement Economic Ties With $500 Million Renewable Energy Deal

In a development, Nigeria and Germany solidified their economic partnership through significant agreements signed at the German-Nigerian Business Forum worth $500 million. President Bola Tinubu, addressing attendees in Berlin, emphasized Nigeria’s robust democracy as a magnet for foreign investment. The Forum witnessed

November 22, 2023

1.78mpd Oil Output Project Can Be Achieved – NNPCL

Business News·News·Oil & Gas

NNPCL Kicks As Nigeria Records 172 Crude Oil Theft Incidents In 1 Week

The Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has described the destruction of over 5,000 kilometers of oil pipelines by vandals as a national calamity, with the country recording 172 crude oil theft incidents across different states between

November 22, 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 74

Uganda Targets First Pearl Sweet Crude Export in December

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

Dangote Announces $20 Billion Refinery Listing On NGX

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

UK Energy Price Surge Worsens Cost-of-Living Crisis

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

Nigeria Govt To Revive Marginal Field Bid Round To Fuel Domestic Energy Boost

TotalEnergies Confirms Containment Of Egina FPSO Oil Leak

Union Bank Partners UGEAP To Fuel Renewable Energy Development In Nigeria

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

Nigeria, Germany Cement Economic Ties With $500 Million Renewable Energy Deal

NNPCL Kicks As Nigeria Records 172 Crude Oil Theft Incidents In 1 Week

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