Nigeria Oil & Gas Newswire

After 20 years of dormancy, Nigeria's P.H refinery marks 6 months of continuous operation

The successful operation of the refinery is expected to reduce Nigeria's reliance on imported petroleum products and enhance energy security through its continuous operation. The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) …

Bangladesh-Nigeria trade surges beyond $100 million, strengthening bilateral ties 

Bangladesh’s High Commissioner to Nigeria, Masudur Rahman, has highlighted the remarkable progress in trade relations between Bangladesh and Nigeria, noting that their bilateral trade volume has exceeded $100 million. This significant milestone marks a …

Port Harcourt Refinery hits 180-day non-stop operation

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the Federal Government and the management of the Nigerian National Petroleum Company Limited (NNPCL) for reportedly running the revamped Port Harcourt refinery for …

NNPC Ltd Gears Up For Historic IPO Listing

The Nigerian National Petroleum Company Limited (NNPCL) is set to list on the capital market, marking a significant milestone in its transformation. According to Olufemi Soneye, Chief Corporate Communications Officer, NNPCL is in the final stages of …

Navy cracks down on illegal refineries in Delta, seizes stolen crude

The Nigerian Navy has intensified its crackdown on crude oil theft and pipeline vandalism with the discovery and deactivation of three illegal refining sites in Oteghele, a community in the Warri South-West Local Government Area of Delta State. Personnel …

Nigeria moves to become third African country to offer citizenship by investment program

The citizenship by investment program will allow foreign investors to obtain Nigerian nationality in exchange for significant economic contributions. This move aligns with global trends where countries leverage CBI programs to attract foreign capital, …

OPEC Daily Basket Price Appreciates To $75. 96 Per Barrel

  The price of OPEC’s basket of twelve crudes stood at $75,96 a barrel on Tuesday, reflecting a gradual increase. The latest price for its crude oil grades posted by the OPEC Secretariat on Wednesday said its crude oil gained compared with $75,74 the …

Nigerian Stock Exchange Sees N74bn Reduction As Investors Offload Shares

The valuation of equities investors’ portfolios experienced a decline of approximately N74 billion on Wednesday, driven by selling activities on the Nigerian Exchange (NGX) trading platform. The market index, or the All-Share Index, decreased by 0.10 …

Aquaterra Energy secures multi-million-dollar oil contract for Nigerian project

Aquaterra Energy, an offshore engineering solution provider, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. The value of …

Petrol Landing Cost Jumps By ₦88/Ltr In One Week — Oil Marketers

  Data obtained by the Major Energies Marketers Association of Nigeria (MOMAN) on Wednesday indicated that the landing cost of a litre of imported petrol increased by ₦88 in one week. The association confirmed the rise in the landing cost in its daily …

3 Nigerian billionaires who started with nothing

Success stories can be very inspiring, especially when they come from people who started from nothing.  In Nigeria today, there are many billionaires living large, owning houses abroad, private jets, big businesses, and getting invited to high-class events …

Finance Minister, EU Ambassador discuss €1.3 billion investments, economic reforms in Nigeria 

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has engaged in discussions with the European Union (EU) Ambassador to Nigeria, Mr. Gautier Mignot, in Abuja on a strategic €1.3 billion investment portfolio package in Nigeria on …

FX Spread Reduces Amidst Naira’s Decline in Official Market

The foreign exchange spread, or the disparity between official and parallel market exchange rates, narrowed to N21.34 as the naira experienced further depreciation within the Nigerian autonomous foreign exchange market. Spot FX data from the FMDQ trading …

Court Sets May 8 For Verdict In MultiChoice And FCCPC’s Legal Dispute Over Tariff Increase

The Federal High Court in Abuja has scheduled May 8 for the delivery of its judgment in a legal action initiated by MultiChoice Nigeria Limited against the Federal Competition and Consumer Protection Commission (FCCPC). MultiChoice is seeking to prevent …

Nigeria’s exploding oil pipelines spark national political crisis

Oil and Gas Multinationals Seek New Tax Breaks Under Trump

Exxon Mobil CEO Darren Woods (R) speaks in Leadership Dialogue at CERAWeek, an energy conference, in Houston, Texas, the United States, March 18, 2024. Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that …

Glencore Unit’s Cape Town Refinery Calls for Fuel-Import Control

(Bloomberg) — Glencore Plc-owned Astron Energy is calling for South Africa to improve oversight of growing fuel imports along with measures to keep its Cape Town refinery viable.Article content The 100,000 barrel-a-day facility is one of three operational …

Tinubu Was Deceived With Pipeline Bombing – Ewor

Naija News reports that Ewor said President Bola Tinubu was deceived into declaring a state of emergency in Rivers State In an interview with Arise News on Wednesday, Ewor said what occurred at Gokana and Trans-Kalabari were oil leakages which were fixed …

Nigeria: Why did the Dangote Refinery pause naira sales, and what happens next?

The Dangote Refinery’s suspension of naira-based sales has jolted Nigeria’s oil market, prompting petrol hoarding and price speculation. Officials hope to resolve the impasse between Aliko Dangote and the government soon, yet concerns over currency …

Hopkins Partners with HOURCAR to Bring Electric Carshare Hub to Dow Towers

HOURCAR's Multifamily Project, powered by Xcel Energy provides the Hopkins community with access to affordable and clean carshare services. HOPKINS, MN, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- The City of Hopkins, MN, today …

MPOWER SOLAR CELEBRATES RECOGNITION FOR SUSTAINABILITY INNOVATION & LEADERSHIP

Brooklyn-based solar installation company honored for advancing renewable energy solutions and pioneering sustainability initiatives in NYC. BROOKLYN, NY, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Mpower Solar is proud to announce that …

Coal Trader’s Handbook: The Definitive Resource for Coal Market Professionals

Sceats Coal Report Ltd. is proud to announce the launch of CoalTradersHandbook.Com a comprehensive free online resource! LONDON, UNITED KINGDOM, March 28, 2025 /⁨EINPresswire.com⁩/ -- Operating in the Asia-Pacific coal market and supported by …

Rose-Hulman Institute of Technology Alumnus, Wife Establish Faculty Fellowship Honoring Former Physics Professor

Gift Recognizes the Leading STEM College’s Commitment to Excellence and Innovation in Education and Research TERRE HAUTE, IN, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- A generous gift from alumnus Michael A. Huhnke and his wife, Karen, …

Gray, Gray, & Gray Named to Boston Business Journal Fast50 List

CANTON, MA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- The Boston Business Journal has named Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, to its 2025 Fast 50 list, which represents the 50 …

Ghana Expands Its Energy Sector To Attract Investors

SOUTH AFRICA, March 28, 2025 /⁨EINPresswire.com⁩/ -- Ghana is working hard to prove itself as a main Hub for energy investment. The Ministry of Energy and Green Transition is in charge of this project. The government hopes to attract investments in …

Solarvista Software Achieves Remarkable 100% Uptime

Solarvista Software, a leading provider of Field Service Management solutions, has reached a significant milestone by achieving 100% uptime for its platform. SHEFFIELD, UNITED KINGDOM, March 28, 2025 /⁨EINPresswire.com⁩/ -- Solarvista Software, a …

Solar Trash Compactor Market Current Applications, Challenges, and Path to Commercialization

CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Solar Trash Compactor Market size is projected to grow a CAGR of 6.2 % during the forecast period 2025-2034 The latest research study released by Exactitude Consultancy on "Solar …

Energy Engineering Service Outsourcing (ESO) Market to Surge from $12.5B in 2024 to $24B by 2034 at 7.1% CAGR

CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Growing energy demands and the shift to sustainable energy solutions are expected to propel the global Energy Engineering Service Outsourcing (ESO) market to a valuation of over $12.5 …

Small Wind Turbine Market Dynamics, Growth, and Opportunities by Exactitude Consultancy

CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Small Wind Turbine Market size is projected to grow a CAGR of 8.8 % during the forecast period 2025-2034 The latest research study released by Exactitude Consultancy on "Small Wind …

A' Architectural Lighting Design Award Unveils Comprehensive Prize Package for 2024

A' Architectural Lighting Design Award Reveals Extensive Benefits Package Aimed at Advancing Innovation in Architectural Lighting Industry COMO, CO, ITALY, March 28, 2025 /⁨EINPresswire.com⁩/ -- The A' Architectural Lighting Design Award, …

Smart Oregon Solutions and NetZero Announce Strategic Merger

Smart Oregon Solutions (SOS) and NetZero announce their strategic merger, uniting two innovators in the renewable energy and smart infrastructure sectors. VANCOUVER, WA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- & PORTLAND, OR - …

Harper Surveying Publishes Comprehensive Guide on Leading GNSS Receivers for Surveying in 2025

Harper Surveying has released an essential guide highlighting the Top 5 GNSS Receivers for Surveying Accuracy in 2025. SINGAPORE, SINGAPORE, March 28, 2025 /⁨EINPresswire.com⁩/ -- Harper Surveying, a trusted leader in surveying solutions and …

Harper Surveying: Your Trusted Partner in Surveying Equipment.

Harper Surveying helps many sectors, from construction planning to land surveys. Customers recognize Harper Surveying for its excellent customer service. SINGAPORE, SINGAPORE, March 28, 2025 /⁨EINPresswire.com⁩/ -- Harper Surveying is a top …

Harper Surveying Sets New Standards with Precision Surveying Equipment

Harper Surveying has set a new standard as a trusted leader in the surveying industry by bringing an expanded lineup of high-quality surveying equipment. SINGAPORE, SINGAPORE, March 28, 2025 /⁨EINPresswire.com⁩/ -- Harper Surveying has become a …

Indonesia’s Nickel Boom Presents a Defining Opportunity in the Global Green Transition, Says EBC Financial Group

As electrification advances, EBC reflects on Indonesia’s nickel boom as a chance to balance sustainability, expand partnerships, and drive shared growth. INDONESIA, March 28, 2025 /⁨EINPresswire.com⁩/ -- As Indonesia accelerates its transition …

Indonesia’s Nickel Boom Presents a Defining Opportunity in the Global Green Transition, Says EBC Financial Group

As electrification advances, EBC reflects on Indonesia’s nickel boom as a chance to balance sustainability, expand partnerships, and drive shared growth. INDONESIA, March 28, 2025 /⁨EINPresswire.com⁩/ -- As Indonesia accelerates its transition …

Indonesia’s Nickel Boom Presents a Defining Opportunity in the Global Green Transition, Says EBC Financial Group

As electrification advances, EBC reflects on Indonesia’s nickel boom as a chance to balance sustainability, expand partnerships, and drive shared growth. INDONESIA, March 28, 2025 /⁨EINPresswire.com⁩/ -- As Indonesia accelerates its transition …

Smart Mobility International to Launch Range-Extended Electric Vehicles in the UAE

SMI expands AVATR lineup to include REEV models, giving UAE drivers more choice in sustainable mobility. DUBAI, UNITED ARAB EMIRATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Smart Mobility International (SMI), the exclusive distributor of AVATR …

E Ink Introduces E Ink Ripple™ and Second-Generation Waveform Architecture for E Ink Spectra™ Displays

BILLERICA, Mass., March 28, 2025 (GLOBE NEWSWIRE) -- E Ink (8069.TW) the originator, pioneer, and global commercial leader in electronic paper (ePaper) technology, today announced a breakthrough for their E Ink Spectra™ product line to reduce page flashing …