Nigerian Upstream Petroleum Regulatory Commission, NUPRC said it has concluded plans to sell 12 deep offshore oil blocks in 2024 as part of measures targeted at...
Critical stakeholders in the Niger Delta have urged the Federal Government to legalise the shadow oil economy popularly called illegal artisanal refinery to create jobs for...
Shell, has reached an agreement with relevant stakeholders to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance. Renaissance...
11 Plc, Conoil Pl, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc and NNPC Retail are the seven oil marketers that...
Forum of Niger Delta Leaders and Critical Stakeholders have again called on President Bola Tinubu to release the backlog of un-remitted funds due to the Niger...
Nigeria National Petroleum Limited, NNPC Ltd is shopping for an operator for the Port Harcourt oil refinery in the Niger Delta, which is expected to begin...
Following the successful commencement of production of refined petroleum products by the Dangote Petroleum Refinery, President of Dangote Group, Aliko Dangote has expressed appreciation to President...
Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea after overnight strikes by the U.S. and Britain on Houthi...
African Export-Import Bank said it has successfully arranged a syndicated $3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited and that...
Oil prices rose on Thursday after Iran seized an oil tanker off the coast of Oman, raising the prospect of escalating conflict in the Middle East....
A United Nations report has predicted a drop in the price of fuel in Nigeria in 2024. The UN World Economic Situation and Prospects (WESP) report...
Nigeria’s Dangote oil refinery could begin test runs as early as this week after receiving a sixth crude cargo on Monday, company officials said, finally bringing...
Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia – a move that comes amid weaker...
Nigerian state-owned oil firm NNPC Ltd will complete test runs at the Port Harcourt refinery in the south this month, in a major step towards resuming...
Supreme Court has ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the Court of Appeal halted...