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Oil & Gas - Page 93

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

Buhari To Flag off Oil Exploration in Nasarawa, Say It will Boost Energy Security

News·Oil & Gas

Buhari Flags Off Oil Exploration In Nasarawa, Says It will Boost Energy Security

President Muhammadu Buhari on Tuesday declared that the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians as well as enhance overall energy security for the country. In his virtual message to the official kick off

March 29, 2023

Business News·Oil & Gas

Seplat Board Directors Take Legal Action Against Co-founder, Orjiako

Seplat Energy has terminated a consultancy agreement with the firm’s co-founder, A.B.C Orjiako, accusing him of putting the company at risk of liability. In a statement released on Thursday, 23 March 2023, Seplat said Orjiako and another company of his, Amaze Limited, which

March 23, 2023

Business News·Oil & Gas

NNPC Appoints Frenchman To Head Its Trading Subsidiary In Nigeria

The Nigerian National Petroleum Company Limited (NNPC) Limited has appointed a former Vice President of the Abu Dhabi National Oil Company, Jean-Marc Cordier, to head NNPC Trading Ltd. In a statement released by NNPC, Cordier will bring his 30 years of experience

March 21, 2023

Business News·Oil & Gas

Fear Of Price Hike Forces NNPC To Increase Supply To Oil Marketers

In order to avert a hike in the price of Premium Motor Spirit (PMS), known as fuel, Nigerian National Petroleum Company (NNPC) Limited has increased the supply level to oil marketers. This was revealed by the National Public Relations Officer, the Independent

March 20, 2023

Business News·Oil & Gas

Eroton Rejects NNPC’s Takeover Of Oilfield, MD Reveals Next Move

Eroton Exploration and Production Company Limited has sued Sahara and the Nigerian National Petroleum Company (NNPC) Limited over a breach of contract pertaining to the oilfield, Oil Mining License (OML) 18. Prime Business Africa previously reported that the NNPC removed Eroton as

March 16, 2023

Business News·Oil & Gas

Allegations Against Seplat, Roger Brown (CEO): Between Facts And Fiction

Empower Nigeria, a Non-Governmental Organisation (NGO) dedicated to the protection and enhancement of civil liberties deems it fit and proper to wade into allegations against Roger Brown, the Chief Executive Officer of Seplat bordering on claims of forced resignations and sacking of

March 16, 2023

Tony Elumelu Foundation Empowered Us To Become Employers – Beneficiaries Praises Businessman

Business News·Oil & Gas

Oil Thieves Attack Tony Elumelu’s Oil Firm’s Asset In Rivers State

Tony Elumelu’s oil firm, Heirs Holding Oil and Gas Limited, was attacked by oil thieves at Otamiri-Etche, Etche Local Government Area of Rivers State. The oil thieves connected an illegal oil bunkering facility to an oilfield, Oil Mining License (OML) 17, belonging

March 16, 2023

Oil & Gas

Oil Production: Edo Refinery Orders 150,000 Barrels Of Crude To Meet Rising Demand

Edo Refinery has placed an order for the supply of 150,000 barrels of crude from Decklar Resources Inc and Millennium Oil and Gas Company to meet the demand of its growing clientele base, as demand for its products spikes in the downstream

March 13, 2023

Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

Business News·Oil & Gas

Seplat Appoints Samson Ezugworie To Replace CEO, Roger Brown

Seplat Energy has appointed the company’s Chief Operating Officer, Samson Ezugworie, as its interim Chief Executive Officer, pending the determination of a court case against Roger Brown. Prime Business Africa previously reported that aggrieved stakeholders petitioned a Federal High Court in Lagos,

March 11, 2023

Business News·Oil & Gas

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

The Nigerian Content Development and Monitoring Board (NCDMB) and Bank of Industry on Wednesday in Lagos launched a $US50 million dollars fund for NOGAPS Manufacturing Product Line. The fund is to incentivize companies that would operate in the Nigerian Oil and Gas

March 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 93

Uganda Targets First Pearl Sweet Crude Export in December

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

Buhari Flags Off Oil Exploration In Nasarawa, Says It will Boost Energy Security

Seplat Board Directors Take Legal Action Against Co-founder, Orjiako

NNPC Appoints Frenchman To Head Its Trading Subsidiary In Nigeria

Fear Of Price Hike Forces NNPC To Increase Supply To Oil Marketers

Eroton Rejects NNPC’s Takeover Of Oilfield, MD Reveals Next Move

Allegations Against Seplat, Roger Brown (CEO): Between Facts And Fiction

Oil Thieves Attack Tony Elumelu’s Oil Firm’s Asset In Rivers State

Oil Production: Edo Refinery Orders 150,000 Barrels Of Crude To Meet Rising Demand

Seplat Appoints Samson Ezugworie To Replace CEO, Roger Brown

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

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Oil & Gas - Page 93

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