Nigerian chemical industry news

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  1 December 2025

  TotalEnergies and Chevron Expand Offshore Collaboration

  TotalEnergies sells 40% of Nigerian exploration licenses to Chevron, enhancing their joint offshore ventures. Completion awaits regulatory approval.
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  26 November 2025

  Dangote Partners with Honeywell to Expand Refinery to 1.4M Barrels/Day

  The partnership will enhance refinery capacity and product quality, expand polypropylene production, and triple urea output to meet growing demand.
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  25 November 2025

  Eni Expands Stake in Nigerian Deepwater Block OML 118

  Eni's subsidiary NAE acquires an additional 2.5% in OML 118, raising its share to 15%, aligning with its strategy to enhance its upstream portfolio in Nigeria.
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  25 November 2025

  Shell Increases Stake in Nigeria's Bonga Field

  Shell boosts its stake in Nigeria's OML 118 PSC to 65%, aligning with its strategy to enhance Upstream portfolio and sustain liquids production growth.
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  21 November 2025

  thyssenkrupp Uhde to License Urea Granulation Units for Dangote Fertiliser in Nigeria

  Four new urea granulation units will boost production capacity in Nigeria, using efficient, low-emission technology to meet stringent environmental standards.
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  19 November 2025

  TotalEnergies Boosts Stake in Nigeria's OPL257

  TotalEnergies acquires 50% of OPL257 from Conoil, increasing its stake to 90%. Conoil gains 40% in OML136. The deal supports Egina South field development. Completion awaits approvals.

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  29 October 2025

  Equinor Q3 2025 Financial Results

  Adjusted operating income at $6.21B. Production up 7%. Strong cash flow, cost focus, and strategic developments. Dividend set at $0.37/share.
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  14 October 2025

  Shell Advances Nigeria Offshore Gas Project

  The HI gas project will supply 350 million cubic feet of gas daily to Nigeria LNG, boosting LNG production and supporting Nigeria's economic goals. Production starts before 2030.
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  2 September 2025

  TotalEnergies Secures Two Offshore Exploration Licenses in Nigeria

  TotalEnergies and partner South Atlantic Petroleum sign a PSC for PPL 2000 and 2001 in Nigeria's West Delta basin, planning to drill one exploration well.
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  29 August 2025

  Holcim Sells Nigeria Stake to Huaxin Cement

  Holcim sold its 83.81% stake in Lafarge Africa to Huaxin Cement for USD 1 billion, enhancing its growth-focused capital allocation.
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  21 August 2025

  Mitsui Chemicals and Dangote Partner in Nigeria

  They signed an MOU to explore collaboration, focusing on domestic production and regional industry development in Africa, including Nigeria.
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  13 August 2025

  NLC Praises Dangote Refinery, Urges Crude Sales in Naira

  NLC supports local crude sales in naira to cut fuel costs, praises refinery's impact on prices, jobs, and compliance with global standards. Dangote plans CNG trucks to reduce logistics costs.