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Oil & Gas - Page 95

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

The United States has seized a sanctioned Venezuelan oil tanker off the country’s coast, President Trump announced Wednesday, escalating tensions with Caracas and sending oil prices higher. “We’ve just seized a tanker on the coast of Venezuela, very large, largest one ever,”

December 11, 2025

Business·Oil & Gas

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that Accugas Limited (“Accugas”), the Company’s 80% indirectly owned subsidiary, has commenced gas sales to First Independent Power Limited’s (“FIPL”)

June 22, 2022

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

News·Oil & Gas

N4tr Fuel Subsidy: We Can’t Tell Actual Beneficiaries – Marketers

With the return of fuel scarcity in different cities and looming hike in the price of the product, petroleum marketers have said they are not benefiting from the subsidy programme of the Federal Government meant to reduce the cost for ordinary Nigerian

June 21, 2022

IPMAN Seeks Dangote Refinery's Partnership For Direct Product Allocation, Eases Concerns Over Petrol Stability

News·Oil & Gas

You’re Free To Sell Fuel Above N180, IPMAN Tells Marketers

Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked marketers across the country to begin dispensing petrol at N180 per litre and above. The petroleum marketing body gave the hint on Monday at a press briefing in Lagos, where it explained that

June 20, 2022

News·Oil & Gas

Raise Adequate Manpower To Tackle Challenges Of Energy Transition, Wabote Advises FG, Other Stakeholders

As the energy transition mantra takes centre stage globally, the Federal Government and other stakeholders in the oil and gas industry have been advised to intensify efforts in the promotion of quality petroleum education and development of competent manpower to help Nigeria

June 18, 2022

Oil & Gas

NCDMB Set To Disburse $40m Women Fund

he Nigerian Content Development and Monitoring Board (NCDMB) has disclosed it's readiness to disburse the $40m Women in Energy Fund

June 17, 2022

Business·Oil & Gas

Diesel Price To Rise From N800 To N1,500 In Two Weeks

The Natural Oil and Gas Suppliers Association (NOGASA), Bennett Korie, said in the next two weeks, the price of diesel per litre will rise to N1,500 from N800, due to importers inability to access foreign exchange (forex) at Central Bank of Nigeria

June 15, 2022

Business·Oil & Gas

Pres. Buhari Loses $1.7bn case, As UK Court Rules In Favour Of American Firm, JP Morgan Chase

Nigeria loses it lawsuit against JP Morgan Chase Bank, after Judge Sara Cockerill, of the British High Court, ruled against the country on Tuesday, in the fraud case relating to the Malabu Oil scandal 11 years ago. The country had filed $1.7

June 14, 2022

Business·Oil & Gas

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

In two weeks, Nigerians consumed 966.58 million litres of petrol, which cost them about N156.58 billion, in May, according to the Nigerian National Petroleum Company (NNPC), with Lagosians spending the highest amongst state. According to data on NNPC Premium Motor Spirit (PMS)

June 13, 2022

Business·Oil & Gas

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

Nigeria spent N947.51 billion on petrol subsidy within the first four months of this year, as rising crude oil price eats into the revenue generation of the country, surging by 55.7%, to rise from $78.98 to $122.99 between January to April, amid

June 9, 2022

News·Oil & Gas

NCDMB Moves To Sanction Companies For Non-Compliance With HCD Guidelines

NCDMB stressed the importance of human capacity development initiatives in the oil and gas industry and urged companies to adhere to HCD guidelines

June 9, 2022

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Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

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Oil & Gas - Page 95

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

N4tr Fuel Subsidy: We Can’t Tell Actual Beneficiaries – Marketers

You’re Free To Sell Fuel Above N180, IPMAN Tells Marketers

Raise Adequate Manpower To Tackle Challenges Of Energy Transition, Wabote Advises FG, Other Stakeholders

NCDMB Set To Disburse $40m Women Fund

Diesel Price To Rise From N800 To N1,500 In Two Weeks

Pres. Buhari Loses $1.7bn case, As UK Court Rules In Favour Of American Firm, JP Morgan Chase

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

NCDMB Moves To Sanction Companies For Non-Compliance With HCD Guidelines

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Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Tony Elumelu: Personal Branding As Corporate Strategy

Patronage Over Diplomacy: Nigeria’s Ambassadorial Shuffle

Chinese Fighter Jets Lock Radar on Japanese Aircraft Near Okinawa, Tokyo Lodges Protest

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Amnesty International Lists Alleged Gross Human Rights Violations Under Buhari’s Administration

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Tony Elumelu: Personal Branding As Corporate Strategy

Naira Depreciates To N1,487/$ In Black Market, Appreciates To N1,943/$ In Official Window

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

Amnesty International Lists Alleged Gross Human Rights Violations Under Buhari’s Administration

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