Crude Oil oil prices rose for a sixth day on Wednesday, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela and...
Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc...
Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising fresh supply...
Nigeria crude oil sellers are struggling to find buyers for up to 26 December- and January-loading cargoes due to stiff competition from plentiful and cheaper alternative...
Nigeria’s crude oil exports yielded N37.7 trillion in the first nine months of the year. This is according to the oil trading figures made available for...
Lagride said it has secured a 100 million dollar financing facility from United Bank for Africa to expand its Drive To Own programme and enable 3,500...
Farouk Ahmed, Gbenga Komolafe resign appointments have resined their appointments. A statement issued by Bayo Onanuga, Special Adviser to the President (Information and Strategy) said that...
The embattled Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed on December 16, 2025 in a statement responded as follows A Question Of...
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...