Posts

Nigeria: Nigeria Exceeds OPEC Quota As Crude, Condensate Output Reaches 11-Month High/in /by
[This Day] Nigeria's oil and condensate production rose to an 11-month high in May, with crude output surpassing the country's 1.5 million barrels per day production quota under the Organisation of the Petroleum Exporting Countries (OPEC), a development that could boost government revenues and strengthen Forex earnings.
Nigeria: Petroleum Ministry Addresses Performance Gaps, Seeks End to Policy-to-Delivery Divide/in /by
[Leadership] The Ministry of Petroleum said on Wednesday it is taking targeted steps to close persistent gaps between policy and implementation across Nigeria's oil and gas sector to turn policy commitments into measurable results.
Nigeria: Dangote Refinery Valued At $39b in Private Placement Ahead of IPO/in /by
[Daba Finance] Dangote Petroleum Refinery is seeking to raise about $1 billion through a private placement that values the company at $39.1 billion, according to an information memorandum seen by Nairametrics.
Namibia: What Are Oil and Gas Companies Looking For?/in /by
[Namibian] The Energy Explainer Pt 3:
Sudan: Ministry of Energy Issues New Regulations to Ensure Flow of Petroleum Products/in /by
[SNA] Khartoum -- The Ministry of Energy and Petroleum has issued a new package of regulations governing the import and distribution of petroleum products.
Nigeria: At Petroleum Ministry’s Retreat, Lokpobiri Says Tinubu Raised Oil Output By 80 Percent/in /by
[This Day] Abuja -- The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, yesterday said that Nigeria's crude and condensate production has risen by about 80 per cent since President Bola Tinubu assumed office in May 2023, recalling that it was barely 1 million barrels per day three years ago.
Africa: Fossil Fuel Wealth Fails to Deliver Development in Africa – Report/in /by
[IPS] Nairobi -- A new report examining the economic impact of oil and gas production in Africa has found that fossil fuels have failed to deliver sustained or inclusive economic development, observing that the resources have contributed to economic vulnerability and inequality and have constrained growth through prohibitive commodity prices, inflation, and weak local currencies.
Nigeria: Dangote Refinery IPO Gets Boost As Standard Bank Commits Funding Support/in /by
[Leadership] The planned Initial Public Offering (IPO) of the Dangote Petroleum Refinery has received a major boost as Standard Bank Group pledged its support for the listing and expressed readiness to finance future expansion projects of Dangote Industries Limited across Africa.
Namibia: Rigfit Equips Youth for Oil, Gas Industry/in /by
[New Era] A training programme launched in Walvis Bay is helping young Namibians acquire skills and knowledge for careers in Namibia's growing oil and gas industry.
Nigeria: Amid Volatility – 10 Banks Exposure to Oil & Gas Down 22.2 Percent to N12.2tn/in /by
[This Day] On the back of uncertainty in the global oil market, 10 Nigerian banks' exposure to the sector in the 2025 financial year, declined by 13.4 per cent to N12.22 trillion from N15.7 trillion reported in 2024.