Oil prices rose on Tuesday, extending the previous day’s rally, on optimism that a trade war between the United States and its major trading partners was...
Oil prices rose 2% on Monday after a trade deal between the U.S. and the European Union, and U.S. President Donald Trump’s announcement that he would...
The planned oil Resumption in Ogoni by the federal government May face some hitches if the authorities fail to meet the preconditions spelt out by the...
Oil prices eased on Friday on negative economic news from the United States and China and signs of growing supply despite optimism U.S. trade deals could...
Nigerian Midstream and Downstream Petroleum Regulatory Authority said that West African countries will sign harmonised refinery regulatory agreements in the fourth quarter of 2025 to achieve...
Nigerian Economic Summit Group (NESG) has raised concerns over the persistent underperformance of the oil and gas sector, warning that it poses a significant threat to...
Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has remitted N6.96 trillion to the Federation Account within the first five months of 2025. The NNPC...
Africa is increasingly becoming a destination for cheap, often toxic petroleum products, many of which are blended to substandard levels that would not be permitted in...
Oil prices fell on Monday, as the latest European sanctions on Russian oil are expected to have minimal impact on supplies, while U.S. tariffs stoked demand...
Nigeria’s oil and gas sector stands at a strategic inflection point and the country’s marginal fields are vital for growth and sustaining upstream activity. These smaller,...
The Pipeline Infrastructure Nigeria Limited (PINL) has said that it has successfully engaged major stakeholders to combat pipeline vandalism and crude oil theft along the Eastern...
House of Representatives says the enactment of the Petroleum Industry Act (PIA 2021) has yielded remarkable results with more than 16 billion dollars investment commitments and...
Nigeria is set to push for a 25% increase in its oil production quota by 2027, citing growth in refinery capacity and improved production, according to...
Oil prices steadied on Monday, holding close to their highest level in three weeks, as investors eyed further U.S. sanctions on Russia that may affect global...
Socio-Economic Rights and Accountability Project (SERAP) has filed a suit against the NNPCL for its inability to account for over N825 billion and $2.5 billion meant...