Magnus Abe and Adegbite Ebiowei Adeniji as Chairmen of the Boards of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum...
United States has insisted that it is not at war with Venezuela but is enforcing a sweeping oil quarantine and law enforcement actions aimed at curbing...
OPEC+ has agreed to maintain steady oil output at its meeting on Sunday, the group said in a statement, despite political tensions between key members Saudi Arabia...
Oil prices edged up on the first day of trade in 2026, after last year posting their biggest annual loss since 2020, as Ukrainian drones targeted...
Nigerian National Petroleum Company (NNPC) Limited says it has successfully restored the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State following its damage by an explosion...
NNPC Limited, plans to sell stakes in some of its oil and gas assets and has called for bids, according to an invitation document seen by...
Crude oil prices rose on Monday as investors weighed the outcome of talks between the U.S. and Ukrainian presidents on a potential deal to end the...
Crude Oil oil prices rose for a sixth day on Wednesday, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela and...
Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc...
Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising fresh supply...
Nigeria crude oil sellers are struggling to find buyers for up to 26 December- and January-loading cargoes due to stiff competition from plentiful and cheaper alternative...
Nigeria’s crude oil exports yielded N37.7 trillion in the first nine months of the year. This is according to the oil trading figures made available for...
Lagride said it has secured a 100 million dollar financing facility from United Bank for Africa to expand its Drive To Own programme and enable 3,500...
Farouk Ahmed, Gbenga Komolafe resign appointments have resined their appointments. A statement issued by Bayo Onanuga, Special Adviser to the President (Information and Strategy) said that...
The embattled Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed on December 16, 2025 in a statement responded as follows A Question Of...