Crude oil prices gained 1% on Monday as U.S. President Donald Trump said he will impose 25 per cent on countries that buy oil, gas from...
Adeayworld Energy Limited says it is partnering the National Agency for Science and Engineering Infrastructure on compressed natural gas kits manufacturing and distribution in Nigeria. In...
Dangote Refinery has halted selling petroleum products in naira; the company disclosed this in an official statement. The 650,000 barrels per day refinery said the decision...
Unconfirmed reports say there is another explosion at an oil facility in Ogba/Egbema/Ndoni Local Government Area of the Rivers State. A source in the area alleged...
Nigeria Security and Civil Defence Corps NSCDC said its Commandant General’s Special Intelligence Squad (CG’s SIS) has arrested 17 suspects for their alleged roles in renewed...
Arabel Holdings has announced the successful closure of Renaissance Africa Energy Holdings’ acquisition of Shell’s full equity position in the Shell Petroleum Development Company of Nigeria....
Brent crude oil hovered at $70 per barrel on Friday amidst fresh round of sanctions on Iranian oil exports by the United States. Following a bearish...
Minister of state for Petroleum (Oil), Senator Heineken Lokpobiri has urged host communities in the Niger delta region to protect oil assets in their domain. Lokpobiri...
Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S. and other countries could hurt global demand....
Oil prices were lower on Monday as concern over the impact of U.S. tariff uncertainty and rising output from OPEC+ producers pressured the commodity, while potential...
Canada’s Africa Oil Corporation will double its Nigerian output and the size of its reserves there once it completes its deal for full ownership of Prime...
Residents of Rivers state are now in a panic mode as militant group, Niger Delta Rescue Movement, NDRM, has issued a directive to all non-indigenes to...
Seplat Energy plans to invest up to $320 million in new wells and infrastructure in Nigeria this year, aiming to more than double its oil output...
Crude oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further price pressure was applied by...
A massive protest has erupted in Ogoni as over 30 various groups, including the Movement for the Survival of the Ogoni People (MOSOP), staged a peaceful...