The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Nigerian National Petroleum Company Limited (NNPC Ltd.) to urgently strengthen domestic refining capacity....
Dangote Petroleum Refinery has reduced its ex-depot price for Premium Motor Spirit (PMS) by N100, with the refinery now selling at N1,075. The reduction from N1,175...
For the third time in a week, Dangote Petroleum Refinery has increased the petrol price to N1,175 per litre amid hostilities between the U.S., Israel, and Iran....
Oil prices soared about 8% to their highest since July 2024 on Tuesday, rising for a third session as the U. S.—Israel war against Iran widened,...
Brent crude oil jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the registration and submission of applications for Pre-Qualification under the Nigeria 2025 Licensing Round will close at 4.30 p.m....
A Nigerian court has ordered oil exploration firm Oriental Energy, owned by billionaire Mohammed Indimi, to pay $43.51 million to two daughters of the oil magnate,...
Nigeria’s state oil firm NNPC will begin exporting a new light, sweet crude grade called Cawthorne from March, an NNPC spokesperson said, adding to a recent...
Oil prices reached a six-month high on Monday as the U.S. and Iran prepared for a third round of nuclear talks while increased economic uncertainty was...
Brent neared $72 per dollar per barrel during early trading on Friday as crude oil prices adjusted upward amidst geopolitical uncertainties. Oil prices are on track...
Oil prices rose about 2% on Thursday to their highest in six months, as traders worried about tensions between the U.S. and Iran, which stepped up...
Oil prices climbed on Wednesday as markets struggled with geopolitical balance, reflecting sustained fluctuation between supply and demand outlook. U.S policy instability has stoked pressures on...
Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed plans to supply an additional 1.8 billion cubic feet of gas per day (bcf/d) in 2026...
Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed plans to supply an additional 1.8 billion cubic feet of gas per day (bcf/d) in 2026 to...
Oil prices steadied on Friday after U.S. inflation data, recovering from an earlier dip on news that OPEC+ is leaning towards a resumption in production increases....