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Oil & Gas - Page 9

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

News·Nigeria·Oil & Gas·Top Stories

Nigeria Petrol Prices Rise Above 1,000 Naira After Dangote Refinery Increase

Petrol prices in Nigeria have climbed above 1,000 naira per litre in several cities after the Dangote Petroleum Refinery raised its wholesale price, pushing transport costs higher and adding pressure to household budgets already strained by inflation. The refinery increased its gantry

March 8, 2026

Business News·Finance & Economy·News·Nigeria·Oil & Gas

Manufacturers Call for Natural Gas Shift to Maximise Production

Manufacturers in southeast Nigeria have urged a shift from diesel to natural gas to lower soaring energy costs and boost industrial growth, warning that unreliable and expensive power supply threatens the survival of factories. Adaora Chukwudozie, chair of the South-East region of

March 6, 2026

Business News·News·Oil & Gas

‘Imported Petrol Cheaper Than Local Supply,’ Marketers Challenge Dangote

Imported petrol is currently cheaper than fuel supplied by Nigeria’s Dangote refinery, according to data from the Major Energies Marketers Association of Nigeria (MEMAN), as rising global oil prices linked to tensions between the United States, Israel and Iran push up domestic

March 6, 2026

News·Oil & Gas·Top Stories

Tinubu Announces Resolution of OPL 245 Dispute, Paves Way for Deepwater Oil Investment

President Tinubu has announced the resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245, clearing the path for the development of one of Nigeria’s most commercially promising deepwater oil blocks. The settlement, signed in Abuja, involves the Federal Government of

March 6, 2026

Business News·FEATURES·Nigeria·Oil & Gas·Top Stories

10 Things to Understand About Tinubu’s Executive Order on Oil Revenue Remittance

Nigeria’s oil revenue management system is undergoing a major shift following a new directive from President Bola Tinubu. The policy, known as Executive Order 9 of 2026, took effect on February 13, 2026, and mandates the direct remittance of oil and gas

March 6, 2026

News·Nigeria·Oil & Gas·Top Stories

Ex-NNPCL GCEO Kyari to Appear Before Senate Over Alleged ₦210 Trillion Discrepancy

A Senate committee has warned it may issue arrest warrants against former officials of the Nigerian National Petroleum Company Limited (NNPCL) if they fail to appear before it on a date to be announced, lawmakers said on Thursday. The committee, chaired by

March 5, 2026

Business News·Markets·News·Nigeria·Oil & Gas·Top Stories

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Cooking gas prices in Nigeria have jumped about 40 percent amid the ongoing fighting involving the United States, Israel and Iran. Liquefied Petroleum Gas (LPG) now sells for about 1,400 naira per kilogramme at retail outlets in parts of Lagos, up from

March 5, 2026

News·Oil & Gas·Top Stories·World News

QatarEnergy Halts LNG Production After Attacks, Force Majeure Sparks Global Energy Shock

Qatar’s state-owned energy company, QatarEnergy, on Wednesday declared force majeure to affected buyers after halting production of liquefied natural gas (LNG) and associated products, citing extraordinary circumstances beyond its control. In a statement, QatarEnergy said: “Further to the announcement by QatarEnergy to

March 4, 2026

News·Oil & Gas·Top Stories·World News

Insurance Retreat, Iraq Warning, China’s Pressure Deepen Strait of Hormuz Crisis

Traffic through the Strait of Hormuz the narrow, strategically vital waterway linking the Persian Gulf to the Gulf of Oman has slowed sharply amid escalating regional tensions, threatening one of the world’s most critical energy arteries. The passage carries roughly a fifth

March 4, 2026

News·Oil & Gas·Top Stories

Nigeria Orders NNPC to Halt 60% Deductions from PSC Profit Oil as Executive Order 9 Takes Effect

The Federal Ministry of Finance has announced the commencement of the implementation of Executive Order 9 of 2026, aimed at safeguarding petroleum revenues and strengthening the management of oil and gas income accruing to the Federation, Prime Business Africa Reports. At its

March 2, 2026

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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 9

Uganda Targets First Pearl Sweet Crude Export in December

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

Nigeria Petrol Prices Rise Above 1,000 Naira After Dangote Refinery Increase

Manufacturers Call for Natural Gas Shift to Maximise Production

‘Imported Petrol Cheaper Than Local Supply,’ Marketers Challenge Dangote

Tinubu Announces Resolution of OPL 245 Dispute, Paves Way for Deepwater Oil Investment

10 Things to Understand About Tinubu’s Executive Order on Oil Revenue Remittance

Ex-NNPCL GCEO Kyari to Appear Before Senate Over Alleged ₦210 Trillion Discrepancy

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

QatarEnergy Halts LNG Production After Attacks, Force Majeure Sparks Global Energy Shock

Insurance Retreat, Iraq Warning, China’s Pressure Deepen Strait of Hormuz Crisis

Nigeria Orders NNPC to Halt 60% Deductions from PSC Profit Oil as Executive Order 9 Takes Effect

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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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Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Nigeria’s Headline Inflation Rate Eases to 15.39% in August

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Oil & Gas - Page 9

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