Oil prices slipped around 3% on Thursday on investor hopes for an end to the U.S.-Israeli war with Iran that could lead to a reopening of...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded N481 billion Profit After Tax (PAT) for April 2026. The development represents a sharp...
Oil futures fell more than 2% on Friday and were on track for their steepest weekly decline since early April after reports that the U.S. and...
Global oil prices were creeping back toward the $100-a-barrel mark Tuesday morning as U.S. strikes in southern Iran and uncertainty surrounding negotiations between Washington and Tehran...
Malabu Oil & Gas Ltd has filed a N1 trillion suit against the Federal Government over the splitting of the Oil Prospecting Licence (OPL) 245. Malabu...
Oil prices rose on Friday as investors doubted the prospect of a breakthrough in U. S. peace talks, but prices remained on track for a weekly...
Oil prices rose on Thursday as a sharper-than-expected decline in US crude inventories reinforced concerns over tightening supply. Meanwhile, ongoing negotiations between Washington and Tehran helped...
Aliko Dangote has disclosed that Dangote Refinery attracted nearly $2 billion in investor requests for its planned private placement ahead of its proposed IPO, as the...
Oil prices fell 4% on Wednesday after U.S. President Donald Trump said that negotiations with Iran were in the final stages, though investors remain wary about...
Fuel marketers in Nigeria have warned that the lawsuit by Dangote Petroleum Refinery seeking to invalidate import licences, could disrupt supply and competition. Dangote Petroleum refinery...
Dangote Petroleum Refinery has filed a new lawsuit against Nigeria’s attorney general in a bid to overturn fuel import licences issued to marketers and the NNPC,...
Oil prices gained about 2% after U.S. President Donald Trump said he and China’s Xi Jinping agree Iran cannot have nuclear weapons and as concerns persisted...