Oil prices were little changed on Monday, trading around pre-Iran war levels as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase...
Seplat Energy Plc says it has ended routine gas flaring across its onshore operations in Nigeria, describing the milestone as a major step in its commitment...
Oil prices fell more than 1% to a four-month low on Thursday as concerns over supply disruptions eased after mediator Qatar said Iran and the U....
Dangote refinery has imported 2 million barrels of crude from ADNOC of the United Arab Emirates, traders told Reuters, marking its first such purchases of crude...
Minister of State for Petroleum Resources, Heineken Lokpobiri, has directed petroleum marketers to immediately reflect the recent decline in global oil prices by reducing the pump...
Oil prices gained more than 1% on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes...
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over findings from an ongoing surveillance of the downstream petroleum market suggesting undue exploitation of...
The latest Global Gas Flaring Tracker, an independent report of gas flaring worldwide, said that global gas flaring rose for the third consecutive year in 2025,...
A drop in oil prices after a fragile U.S.-Iran truce has helped ease immediate inflationary pressure in many emerging markets, but cheaper oil alone will not...
A short-term glut has pushed oil futures back to pre-war levels as Middle East exports jump, analysts said and price data show, but returning demand and...
Benchmark oil prices fell more than $3 on Wednesday to their lowest level since before the start of the Iran war as supply concerns eased with...
The federal government has said that local petrol production has increased from effectively zero in 2023 to about 48 million litres per day. Olu Verheijen, special...
Some stakeholders in the technology ecosystem have called for stronger collaboration among government, the private sector, academia and innovators to speed up digital transformation and position...
Pipeline Infrastructure Nigeria Limited (PINL) has credited improved pipeline security and sustained stakeholder collaboration as key drivers behind Nigeria’s recent surge in oil production, which saw...
Global primary energy demand is projected to rise by 23% by 2050 to nearly 383 million barrels of oil equivalent per day (mboe/d), driven largely by...