Oil & Gas - Page 18

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Taxes, Not Oil Prices, Driving Fuel Costs- OPEC

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has disclosed that taxes imposed by major oil-consuming countries, not oil prices, are the main driver behind rising

Emmanuel Ochayi

4 months ago

Business·FEATURES·Latest News·Oil & Gas

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled

Emmanuel Ochayi

5 months ago

Business·Latest News·Oil & Gas

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Crude-for-Naira Deal to Start from October 1 The Crude-for-Naira initiative, set to begin on October 1, 2024, has generated wide reactions across Nigeria, with key industry players expressing optimism. The agreement struck

Emmanuel Ochayi

5 months ago

Business·Latest News·Oil & Gas

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

To address issues associated with logistics, Dangote Petrochemical Refinery has built a facility that enables evacuation of up to 75 per cent of petroleum products from the refinery through sea. Vice President,

Victor Ezeja

5 months ago

Business·Latest News·Oil & Gas

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

The Nigeria National Petroleum Company Limited (NNPCL), has released estimated pump prices of Premium Motor Spirit (PMS), also known as petrol, for September 2024 for its retail outlets, indicating variations across states

Victor Ezeja

5 months ago

Naira-for-Crude Policy: Bold Economic Reform Or Risky Gamble For Nigeria's Future?

Business·FEATURES·Latest News·Oil & Gas

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

Nigeria Introduces Naira-for-Crude Policy Nigeria has long been a major player in the global oil market, exporting its crude oil in exchange for US dollars, the dominant currency in international trade. This

Emmanuel Ochayi

5 months ago

SERAP sues Tinubu, govs over cybercrime law abuse

Business·Latest News·Oil & Gas

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

SERAP Takes Legal Action Against President and NNPCL The Socio-Economic Rights and Accountability Project (SERAP) has taken a legal action against President Bola Tinubu, demanding the reversal of the recent petrol price

Emmanuel Ochayi

5 months ago

We’re Selling PMS At N990/Litre, Dangote Reveals

Business·Latest News·Oil & Gas

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

Dangote Refinery has said it sold Premium Motor Spirit (PMS) also known as petrol to the Nigeria National Petroleum Company Limited (NNPCL) at a cheaper rate. In a statement by its Group

Victor Ezeja

5 months ago

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·Latest News·Oil & Gas

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

NNPC to Stop Petrol Imports as Dangote Refinery Takes Over Starting in October 2024, the Nigerian National Petroleum Company Limited (NNPC) will stop importing petroleum products, provided the local price from the

Emmanuel Ochayi

5 months ago

Business·Latest News·Oil & Gas

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said the commencement of local refining of petroleum products by Dangote Refinery, marks an important step in Nigeria’s quest

Victor Ezeja

5 months ago

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Oil & Gas - Page 18

Taxes, Not Oil Prices, Driving Fuel Costs- OPEC

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun

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