Oil & Gas - Page 63

Nigeria's September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

Nigeria’s Oil Regulator Increases PIA Regulations To 12 Amid N16.25trn Loss

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has signed seven new regulations into law to address production count challenges and other problems facing the oil and

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Dangote Refinery: Nigeria Can Save Over $3bn Annually From Petroleum Import – Obaseki

Nigeria can save over $3 billion annually from the importation of petroleum products when Dangote Refinery and Petrochemical plant comes into full operation, says Edo State Governor, Mr Godwin Obaseki. Obaseki, who

Victor Ezeja

2 years ago

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

Business·Oil & Gas

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

Justice Aneke of the Federal High Court has adjourned the hearing of the Scheme Of Arrangement for the acquisition of shares held by Oando’s minority shareholders. Prime Business Africa previously reported that

Fakoyejo Olalekan

2 years ago

Business·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.

Victor Ezeja

2 years ago

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

PBA Reporter

2 years ago

Nigeria’s Crude Oil Production Surges To 1.3mbpd

Business·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 –

Fakoyejo Olalekan

2 years ago

Business·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

Fakoyejo Olalekan

2 years ago

Dangote Cement GMD Defends Company's Prices After Criticism

Business·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,

Fakoyejo Olalekan

2 years ago

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

Business·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

Fakoyejo Olalekan

2 years ago

Business·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

Stanley Ugboaja

2 years ago

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Oil & Gas - Page 63

Nigeria’s Oil Regulator Increases PIA Regulations To 12 Amid N16.25trn Loss

Dangote Refinery: Nigeria Can Save Over $3bn Annually From Petroleum Import – Obaseki

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

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

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