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Oil & Gas - Page 79

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

Nigeria’s Crude Oil Production Surges To 1.3mbpd

Business News·Oil & Gas

OPEC Projects $14tn Investment Required To Satisfy Surging Oil Demand

The Organisation of Petroleum Exporting Countries (OPEC) has unveiled its 2023 World Oil Outlook with a projection of soaring oil demand and an urgent call for a $14 trillion investment. This perspective sets them apart from other forecasters, particularly the International Energy

October 10, 2023

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

Business News·News·Oil & Gas

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

The Group Managing Director of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has insisted that the downstream petroleum sector of Nigeria’s economy is fully deregulated, pointing out that this explains why oil marketers now compete among themselves to the extent

October 10, 2023

Concerns For Nigeria's Oil Market As Over 60 Million Barrels Remain Unsold

Business News·Oil & Gas·World News

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Global crude oil prices have surged following the Hamas attack on Israel, resulting in a tragic loss of over a thousand lives on both sides. This incident follows a previous dip in oil prices due to concerns about high-interest rates and fluctuating

October 9, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

News·Oil & Gas

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed allegations of favoritism in awarding oil pipeline contracts, asserting that the process was transparent and adhered to international standards. Addressing the allegations, NNPCL’s management stated that media reports on that are false, and

October 9, 2023

Business News·Oil & Gas

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has challenged President Bola Tinubu’s declaration that the era of fuel subsidies had ended. PENGASSAN’s National President, Festus Osifo, who also serves as the President of the Trade Union Congress (TUC),

October 7, 2023

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

Business News·Oil & Gas

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

Nigeria's fuel industry is facing a grim reality as foreign exchange rate fluctuations have left numerous petroleum product depots empty.

October 6, 2023

Presidential Committee Proposes Tax On Unofficial Forex Transactions

Business News·News·Oil & Gas

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

During the Platform Nigeria symposium held on Monday, October 2 in Lagos, Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, shocked the audience with a stark revelation. He stated that the National Assembly has poured over N10

October 3, 2023

Nigeria's Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

Business News·News·Oil & Gas

FG To Grants 6-Month VAT Exemption On Diesel Amid Fuel Subsidy Talks

In a move aimed at providing relief to the Nigerian populace amidst ongoing discussions about the removal of fuel subsidies, the Federal Government has announced a significant measure to alleviate the economic burden on citizens and to avert the forthcoming strike by

October 1, 2023

News·Oil & Gas

NCDMB Joins Forces With Waltersmith Refinery On Oil Industry Training For Graduates

The Nigerian Content Development and Monitoring Board (NCDMB) has partnered with Waltersmith Refining and Petrochemical Company Limited to offer young university graduates remedial training on oil and gas industry operations. The 12-month Nigerian Content NC-Remedial Training Programme kicked off on Friday, in

September 30, 2023

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Business News·News·Oil & Gas

Fluenta Deploys 18 Ultrasonic Meters At Dangote Refinery For Sustainable Energy

In a move towards sustainable energy practices, Fluenta, the global leader in ultrasonic sensing technology for measuring flare gas, is set to deploy 18 ultrasonic flare gas meters at the Dangote Petroleum Refinery. This initiative comes as Nigerian authorities take a decisive

September 30, 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 79

Uganda Targets First Pearl Sweet Crude Export in December

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

OPEC Projects $14tn Investment Required To Satisfy Surging Oil Demand

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

FG To Grants 6-Month VAT Exemption On Diesel Amid Fuel Subsidy Talks

NCDMB Joins Forces With Waltersmith Refinery On Oil Industry Training For Graduates

Fluenta Deploys 18 Ultrasonic Meters At Dangote Refinery For Sustainable Energy

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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 79

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