Exports of four key Nigerian crude oil grades are scheduled at 793,000 barrels per day in March, preliminary loading programmes seen by Reuters show just as...
Former Nigerian oil minister Diezani Alison-Madueke took bribes including luxury goods and the use of high-end properties from industry figures interested in lucrative oil and gas...
Oil prices rose by around 1% on Tuesday as producers reeled from a winter storm that hobbled crude production and affected refineries on the U.S. Gulf...
Oil prices steadied on Monday after climbing more than 2% in the previous session on output disruptions in U.S. crude-producing regions and tensions between the U.S....
Chief Executive Officer of Shell Plc, Wael Sawan has commended President Bola Tinubu for restoring investor confidence and improving Nigeria’s investment climate. In a statement on...
Pipeline Infrastructure Nigeria Limited, PINL, the private security company (PSC) in charge of surveillance of the Eastern Corridor of the Trans Niger Pipeline (TNP) has pledged...
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says petrol, diesel, and Liquefied Petroleum Gas (LPG) prices will continue to decline nationwide. NMDPRA’s chief executive, Saidu...
Nigerian President Bola Tinubu has approved “investment-linked” incentives for Shell’s Bonga South West deepwater oilfield following a meeting with the company’s CEO Wael Sawan, who flagged...
Oil prices fell on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the...
Senegal has revoked offshore exploration rights held by Atlas Oranto Petroleum, a privately owned upstream oil and gas firm founded by Nigerian energy entrepreneur Arthur Eze,...
The Nigerian Army has dislodged oil thieves from the Adibawa oil well area and concluded plans to permanently deploy personnel to prevent resurgence of illegal refinery...
Oil prices were slightly higher on Tuesday as investors monitored U.S. President Donald Trump’s tariff threats against European states opposing his push to acquire Greenland, while...
Oil prices rose over 1% on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military strike against Iran. Brent crude...
The U.S. Energy Information Administration (EIA) has revised up its average oil price forecast for 2026 but expects crude prices to be lower than in 2025...
Brent hit $64 per barrel on Tuesday as oil prices surged over multiple market-related concerns, including risks of Iran-related supply disruptions and uncertainties over the future...