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Oil & Gas - Page 90

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

Business News·Oil & Gas

Dangote Refinery, Game Changer For Nigeria’s Economy – Buhari

President Muhammadu Buhari has described the Dangote Petroleum Refinery as a game-changer for Nigeria’s economy. The president stated this on Monday, 22 May 2023, while commissioning the refinery located in Ibeju-Lekki, Lagos. The refinery, estimated to have the capacity to process about

May 22, 2023

News·Oil & Gas

Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote

Oil and gas opportunities valued over $50 billion and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair

May 21, 2023

Nigeria’s Crude Oil Production Surges To 1.3mbpd

Business News·Oil & Gas

OPEC’s Direct, Secondary Sources Disagree Over Africa’s Largest Crude Oil Producer

The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Angola is now the largest crude oil producer in Africa based on direct communications. According to the Monthly Oil Market Report – May 2023, which covers the month of April, obtained from

May 12, 2023

Business News·Oil & Gas

Seplat Accuses Petitioners Of Trying To Prevent Board From Eliminating Related Party Transactions

Seplat Energy has accused the persons behind several lawsuits against the firm of trying to stop the oil and gas firm from eliminating related party transactions. The board of Seplat had said this while addressing an alleged interim court order against the

May 12, 2023

Dangote Cement GMD Defends Company's Prices After Criticism

Business News·Oil & Gas

Nigeria’s Fuel Landing Cost To Drop By N20.7bn After Dangote Refinery Launch – Buhari

President Muhammadu Buhari will commission Dangote Refinery on 22 May 2023 before the end of his administration and the removal of the fuel subsidy in June. This was disclosed by Bashir Ahmad, the Special Assistant on Digital Communications to President Buhari, in

May 8, 2023

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business News·Oil & Gas

Dollar Scarcity, Six Other Factors To Increase Fuel Price To N1,700 Per Litre

The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PPROOAN), Billy Gillis-Harry, has revealed that scarcity of Dollars in the official market and crude oil cost could push fuel price to N1,700 after the subsidy is removed in June.

May 8, 2023

Business News·Oil & Gas

Edo Refinery Places Order For 200,000 Barrels Of Crude

Edo Refinery and Petrochemicals Company Limited (ERPC) says it has once again placed order for 200,000 barrels of crude from Oza Oil Field operated by Decklar Resources Inc and Millenium Oil and Gas Company. The Refinery was established with the injection of

May 7, 2023

NNPC Denies Plans To Increase Fuel Price

Business News·Oil & Gas

Post-petrol Subsidy: 4 Most Affected Economic Sectors

As Nigerian government continues to mull over the removal of petrol subsidy scheme due to the heavy burden it poses on public finances, experts have continued to express concerns about the impact on different sectors of the economy due to the likely

April 29, 2023

Business News·News·Oil & Gas

Local Content: NCDMB, IOCs To Support Orbit Galvanizing Plant

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Wednesday led representatives of international oil and gas companies and their service counterparts to visit Orbit Galvanized Steel Industries Limited at Ikorodu, Lagos, a subsidiary of the African

April 27, 2023

Court Set Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Business News·Oil & Gas

Wale Tinubu’s Oando To Commence Electric Transport Business In Lagos

Oando Clean Energy (OCEL), largely owned by Wale Tinubu, has taken delivery of electric buses from Chinese carmaker, Yutong Bus, as the company enters the transportation business in Lagos State. Oando Plc is adding the deployment of mass transit to its portfolio

April 26, 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 90

Uganda Targets First Pearl Sweet Crude Export in December

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

Dangote Refinery, Game Changer For Nigeria’s Economy – Buhari

Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote

OPEC’s Direct, Secondary Sources Disagree Over Africa’s Largest Crude Oil Producer

Seplat Accuses Petitioners Of Trying To Prevent Board From Eliminating Related Party Transactions

Nigeria’s Fuel Landing Cost To Drop By N20.7bn After Dangote Refinery Launch – Buhari

Dollar Scarcity, Six Other Factors To Increase Fuel Price To N1,700 Per Litre

Edo Refinery Places Order For 200,000 Barrels Of Crude

Post-petrol Subsidy: 4 Most Affected Economic Sectors

Local Content: NCDMB, IOCs To Support Orbit Galvanizing Plant

Wale Tinubu’s Oando To Commence Electric Transport Business In Lagos

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

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