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Oil & Gas - Page 99

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·Oil & Gas

Savannah Energy Takes Over $407m ExxonMobil Franchise In Chad, Cameroon

Savannah Energy PLC, the British independent energy company, has announced its completion of $407 million acquisition of ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon.

December 11, 2022

Opinion·Oil & Gas

Oil In the North: What Hope For Better Nigeria? (Part 2)

One must concede that the poor performance of Buhari’s government in the North, especially in his home state, underscores the irrelevance of any argument against his appointment of mostly his tribesmen. It‘s safe to conclude that the government’s poor delivery of its

December 9, 2022

Business News·Oil & Gas

Spain Tops United States On List Of Nigeria’s 10 Biggest Crude Oil Buyers

In the third quarter of 2022, Spain was the biggest buyer of Nigerian crude oil, with India, France, Netherlands, Indonesia and the United States completing the top five. According to the foreign trade report obtained from the National Bureau of Statistics (NBS),

December 9, 2022

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

Business News·Oil & Gas

DSS Issues Warning To NNPC, Oil Marketers, Demands End To Fuel Scarcity In 48 Hours

Nigerian National Petroleum Corporation (NNPC) Limited and oil marketers have been given two days to end the current fuel scarcity across the country. The Department of State Services (DSS) had issued the directive on Thursday, with the spokesman for the DSS, Peter

December 9, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business News·Oil & Gas

NNPC Reveals Nigeria Loses 700,000 barrels Per Day To Oil Thieves

The Chief Upstream Investment Officer at the NNPC Upstream Investment Management Services (NUIMS), Bala Wunti, said Nigeria loses 700,000 barrels per day to oil thieves. Wunti stated that the Federal Government had projected a production output of 1.88 million barrels per day,

December 8, 2022

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

Business News·Oil & Gas

Flagship Energy Pushes Tech For Oil And Gas Trading Efficiency

Flagship Energy Limited believes that local Oil and Gas traders/operators could leverage technology to join the global oil and gas community. Mr Osagie Ediale, who runs Flagship Energy Limited, believes that local players in Nigeria’s oil and gas sector should deploy initiatives

December 8, 2022

Fuel Scarcity: I'm Sorry, Buhari Tells Nigerians

Business News·Oil & Gas

Nigerian Petrol Regulator Addresses Fuel Price Hike, As Litre Sells For N250

Despite filling stations selling Premium Motor Spirit (PMS) between N230 and N250, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said the government has no intention of increasing fuel price. Checks by Prime Business Africa had shown that petrol stations

December 1, 2022

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

Business News·Oil & Gas

NNPC Blames Lagos Road Projects For Fuel Scarcity, To Distribute 2 billion Litres

The Nigerian National Petroleum Company (NNPC) said ongoing road projects in Lagos are behind scarcity of fuel in several areas within the state, as queues return to filling stations. Prime Business Africa gathered that distribution of fuel has been crippled by the

November 30, 2022

Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company

Business News·Oil & Gas

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

The Presidential candidate of Labour Party, Peter Obi, said Nigeria must look beyond oil, a week after it was revealed the commodity no longer contributes to the country’s foreign reserves. Nigeria’s oil revenue once accounted for the majority of its foreign reserves,

November 28, 2022

Fuel scarcity: IPMAN Urges NNPC To Revive Own Depots

Oil & Gas·News

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

With the persistent scarcity of fuel, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigeria National Petroleum Company (NNPC) Limited to revive its depots across the country to address supply chain disruptions. Deputy National President of IPMAN, Alhaji Zarama

November 24, 2022

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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 99

Uganda Targets First Pearl Sweet Crude Export in December

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

Savannah Energy Takes Over $407m ExxonMobil Franchise In Chad, Cameroon

Oil In the North: What Hope For Better Nigeria? (Part 2)

Spain Tops United States On List Of Nigeria’s 10 Biggest Crude Oil Buyers

DSS Issues Warning To NNPC, Oil Marketers, Demands End To Fuel Scarcity In 48 Hours

NNPC Reveals Nigeria Loses 700,000 barrels Per Day To Oil Thieves

Flagship Energy Pushes Tech For Oil And Gas Trading Efficiency

Nigerian Petrol Regulator Addresses Fuel Price Hike, As Litre Sells For N250

NNPC Blames Lagos Road Projects For Fuel Scarcity, To Distribute 2 billion Litres

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

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