The Dangote Petroleum Refinery and Petrochemicals is considering restricting sales of Premium Motor Spirit (PMS) to major marketers who continue to import petrol into Nigeria, amid...
Oil prices fell on Friday, on track for a weekly drop as traders evaluated hints about the U.S. Federal Reserve Bank’s inflation-fighting policy and rumors of...
Oil prices fell on Wednesday, as investors monitored talks between Iran and Oman on the Strait of Hormuz and a smaller-than-expected rise in U.S. crude stocks...
United States Energy Information Administration has said that Dangote Petroleum Refinery has led a seven-fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to...
Nigerian Midstream and Downstream Petroleum Regulatory Authority says fuel supply and consumption declined in July compared to June, even as diesel stock sufficiency improved significantly. According...
A coalition of over 28 civil society organisations across the Niger Delta has thrown irs weight behind the Senate, demanding a full investigation into the controversial...
Oil prices slipped more than $1 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on...
The apex socio-cultural organisation of the Ogoni people KAGOTE (Khana, Gokana, Tai and Eleme) has raised the alarm over the conducts of some individuals in Ogoni...
International and U.S. crude futures rose on Friday after U.S. President Donald Trump threatened economic sanctions on Iran’s trading partners, raising expectations of tighter supply in...
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for the effective implementation of ongoing oil and gas reforms to attract sustainable and...
Oil prices rose 1% on Wednesday and were trading near a three-week high hit during the session, as investors worried that tensions in the Middle East...
Oil prices were steady on Monday on a lack of progress in diplomatic efforts to resolve the Iranwar, with investors wary of U.S. President Donald Trump’s...
Nigeria exceeded its Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota for the third consecutive month in July 2026. The Nigerian Upstream Petroleum Regulatory...
Nigeria is considering changes to crude allocation and pricing rules to improve feedstock access for its refiners, including Dangote Refinery, the local oil refiners’ association said....
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has called for increased investment in infrastructure, logistics and operational efficiency to position West Africa as a credible...