Multinational energy company TotalEnergies acts as a key contributor to economic growth and tax revenues in the markets in which it operates, extending beyond its core...
Amnesty International has raised the alarm concerning President Bola Tinubu’s administration hiring Shell consultants, Boston Consulting Group (BCG) and S&P Global to monitor the sale of...
Nigeria’s debt to petrol suppliers has surpassed $6 billion – doubling since early April as NNPC struggles to cover the gap between fixed pump prices and...
Nigerian state oil company NNPC Ltd is committed to reversing declining crude production and will replace partners that fail to fulfil their joint venture commitments on...
Dangote refinery is increasing gas oil exports to West Africa, taking market share from European refiners, according to traders and shipping data. The $20 billion refinery,...
Oil prices edged higher on Thursday on worries about supply disruption that were stoked by mounting geopolitical tensions in the Middle East and Europe, while an...
Dangote Refinery has said that it is operating normally after a fire at its effluent treatment plant. In a statement it said “Dangote Refinery contains minor...
Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the...
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture on OML 29, has resumed production after it shut down following...
The Nigerian Air Force (NAF) says the air component of Operation Delta Safe has destroyed 13 illegal refining sites and seven Cotonou boats in Rivers, Bayelsa,...
Multinational energy corporation Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing...
Crude oil prices held near a seven-week high on Friday as the market balanced signs of improving U.S. demand and falling oil and fuel inventories versus...
Chief Executive Officer Nigeria Upstream Regulatory Commission, Gbenga Komolafe has said that Nigeria is expanding the number of oil blocks slated for auction in its 2024...
National Oil Spills Detection and Response Agency, NOSDRA, has confirmed an oil leak incident from the Nembe Oilfields operated by Aiteo Eastern Exploration and Production Limited...
Oil price gains on Tuesday were curbed after players took stock of comments from a Federal Reserve policymaker urging investors to remain cautious on future rate...