The police command in Oyo State has arrested three suspects allegedly linked to the hijacking of a DAF truck loaded with 45,000 liters of petrol belonging...
Dangote Refinery has reduced its price of petrol to N865 per litre, a drop by N15 per litre from the old price. The company sent a...
Germany is eyeing expanded investments in Africa’s energy sector, having pledged €4 billion for green energy projects by 2030 and advancing hydrogen and gas partnerships through...
Oil prices ticked higher on Tuesday but remained near four-year lows as recession fears exacerbated by trade conflict between the United States and China, the world’s...
Oil prices eased about 1% to a near four-year low on Monday on worries U.S. President Donald Trump’s latest round of trade tariffs could push economies...
Movement for the survival of Ogoni people, MOSOP, has called on the federal government to set aside a minimum of 20percent profit made from extractive resources...
Troops of Nigeria Army and other sister agencies have crackdown on oil thieves, arresting 43 suspects and confiscating 254,000 liters of stolen petroleum products. The troops...
Crude oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China ramped up tariffs...
The upcoming Invest in African Energy (IAE) 2025 Forum will host a high-level panel – Downstream Beneficiation: Supply Chain Development for Optimal Performance – as the...
In a bid to bolster investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated...
President Bola Ahmed Tinubu has approved the overhaul of the Nigerian National Petroleum Company (NNPC) Limited, removing Mallam Mele Kyari as Group Chief Executive Officer and...
Crude oil prices edged higher on Wednesday as market participants braced for U.S. reciprocal tariffs due to be announced at 2000 GMT, which could exacerbate a...
Nigerian Society of Engineers (NSE) has commended President Bola Tinubu for appointing seasoned professionals to lead the Nigerian National Petroleum Company (NNPC). NSEs’ President, Margaret Oguntala,...
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone...
The oil prices declined in the global commodities market on Tuesday ahead of April 2 reciprocal tariffs implementation. The uncertainties about U.S protectionist stance has triggered...