Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains same, stating that its ex‑depot price remains unchanged. The...
Nigerian crude oil producers supplied local refineries with less than half of the volumes allocated under the country’s domestic crude supply rules in the first quarter...
Oil prices fell about 3% on Tuesday, as at least one vessel passed through the Strait of Hormuz and the United States said the ceasefire with...
Chief executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, says Nigeria has introduced a long-term energy plan to balance economic growth, expand energy access,...
Crude oil prices jumped about 5% on Monday as Iran stepped up attacks on the United Arab Emirates (UAE) and ships in the Middle East Gulf...
Billy Gillis-Harry, an energy expert, says the United Arab Emirates’ (UAE) exit from the Organisation of the Petroleum Exporting Countries (OPEC) signals the need for Nigeria...
TotalEnergies Marketing Nigeria Plc reported a 11 per cent decline in revenue to N197.18 billion for the first quarter ended March 31, 2026. This compares with...
MSCI’s global equities gauge fell on Wednesday as oil prices rallied on worries about prolonged disruption in the Middle East while investors were also cautious ahead...
United Arab Emirates said Tuesday it plans to increase energy production as part of its exit from the Organization of the Petroleum Exporting Countries on May...
Nigeria’s giant Dangote refinery is benefiting from record margins for producing jet fuel that it is mostly selling abroad, while the domestic airlines it also supplies...
President of Dangote Group, Aliko Dangote, has said that the expansion of the Dangote Refinery to a production capacity of 1.4 million barrels per day will...
The African Petroleum Producers Organization (APPO) is promoting the development of regional energy hubs across the continent, aiming to remove trade barriers and strengthen infrastructure interconnections...
Crude oil prices zig-zagged between negative and positive territory on Friday as traders weighed supply disruptions against the potential restart of peace talks between the U.S....
Brent crude futures climbed more than $1 a barrel on Thursday following U.S. President Donald Trump’s threat to attack ships laying mines in the Strait of...
Nigerian Upstream Petroleum Regulatory Commission has charged the Independent Petroleum Producers Group to uphold industry standards to strengthen human capital development. NUPRC also urged the group...