Oil prices steadied on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on...
Group Chief Executive Officer of NNPC Ltd, Bashir Bayo Ojulari, has told President Bola Tinubu that the company is targeting 1.9 million barrels per day of...
Dangote Petroleum Refinery & Petrochemicals has said it has reduced the price of its petrol by N15 to N875 per liter. It said “As a result of...
Renaissance Africa Energy Company Limited says it is injecting $15 billion into its oil fields located onshore and in shallow waters in the Niger Delta region in...
Nigeria’s Renaissance Africa Energy Co. Ltd has confirmed an illegal connection on its Okordia-Rumuekpe pipeline at Oshika community in Nigeria’s coastal Rivers state caused a spill,...
Nigerian oil marketers are struggling to secure petrol supplies from two newly refurbished state-run refineries six months after they were declared operational, they say, leaving them...
The people of Ogoni ethnic nationality in Rivers state have said that a forceful resumption of crude oil production in Ogoni will come with reputational damage to...
Health of Mother Earth Foundation has warned that resumption of oil extraction in Ngoni land could cause more pipeline spills and fires going by the fact...
Renaissance Energy has halted production into the country’s Trans Niger oil pipeline, a major oil artery transporting crude from onshore oilfields to the Bonny export terminal,...
The International Energy Agency (IEA) on Thursday raised its global oil demand growth forecast for 2025 by 20,000 barrels per day (bpd) compared to last month’s...
Crude oil prices fell on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that Nigeria’s crude oil production rose to 1.48 million barrels per day (bpd) in April 2025, marking a...
Oando Plc, the indigenous firm that acquired Nigeria Agip Oil Company, says it has recorded four operational oil spills from October 2024 to date.The oil firm disclosed this...
Oil prices jumped by about 4% on Monday after the U.S. and China said they would ease some of their tariff measures, raising hopes of an...
Minister of Solid Minerals Development, Dr Dele Alake, weekend, called for synergy to drive global energy transition as Nigeria is open for global partnerships to achieve...