Oil prices fell on Tuesday, adding to the previous session’s losses, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations of a potential...
The Nigerian Content Development and Monitoring Board says its Nigerian Oil and Gas Parks Scheme, established to boost local manufacturing through shared infrastructure and embedded power...
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has called for an investigation and prosecution of the Chief Executive Officer of the Nigerian Midstream...
Nigeria has issued permits to 28 companies under a programme that aims to end routine gas flaring to cut carbon emissions and use some of the...
Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) fell by 1,000 barrels per day (bpd) in November compared to the previous month,...
Nigeria’s state oil company NNPC Ltd said an explosion at its key Escravos-Lagos gas pipeline on December 10 disrupted operations and prompted an emergency response. The...
Nigeria National Petroleum Corporation Limited (NNPCL) has set its targeted crude oil production for 2026 at over two million barrels per day. Engr. Akponime Omojevwhe, Head...
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun has warned petroleum marketers against hoarding and any form of sharp practices before, during, and after...
U.S. Energy Information Administration (EIA) has revised up its average oil price projections for this year and 2026, taking into account recent developments in global oil...
Oil prices were steady on Thursday, with the market focused on Ukraine’s attacks on Russian oil assets, while stalled peace talks tempered expectations of a deal...
Soldiers from the 6 Division, Nigerian Army, Port Harcourt, Rivers State, have destroyed seven illegal crude oil refining sites in its sustained efforts in the Niger...
Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that it recorded a Profit After Tax of N5.4 trillion from total revenue of N45.1 trillion for...
As the G20 convenes in Johannesburg, the African Energy Chamber (AEC) calls for a fundamental reorientation of global energy policy – one that places African fossil...
The federal government says the Midstream and Downstream Gas Infrastructure Fund has invested over N287 billion in various gas infrastructure projects with 16 companies across 62...
Nigeria has suspended plans to impose a 15% import duty on petrol and diesel amid assurances of adequate supply during the year-end holidays, the downstream regulator...