Oil prices reached a six-month high on Monday as the U.S. and Iran prepared for a third round of nuclear talks while increased economic uncertainty was...
Brent neared $72 per dollar per barrel during early trading on Friday as crude oil prices adjusted upward amidst geopolitical uncertainties. Oil prices are on track...
Oil prices rose about 2% on Thursday to their highest in six months, as traders worried about tensions between the U.S. and Iran, which stepped up...
Oil prices climbed on Wednesday as markets struggled with geopolitical balance, reflecting sustained fluctuation between supply and demand outlook. U.S policy instability has stoked pressures on...
Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed plans to supply an additional 1.8 billion cubic feet of gas per day (bcf/d) in 2026...
Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed plans to supply an additional 1.8 billion cubic feet of gas per day (bcf/d) in 2026 to...
Oil prices steadied on Friday after U.S. inflation data, recovering from an earlier dip on news that OPEC+ is leaning towards a resumption in production increases....
Nigerian National Petroleum Company Limited (NNPC Ltd) remitted N14.706 trillion in statutory payments to the Federal Government between January and December 2025. The figures were disclosed...
Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) fell by 135,000 barrels per day (bpd) in January compared to December 2025, reaching...
A Federal High Court in Nigeria has delivered a judgement against the Ministry of Petroleum Resources in favor of Eurafric Energy Limited, reversing the 2020 revocation...
The U.S. Energy Information Administration (EIA) has revised up its average oil price forecast for this year, but expects oil prices in 2026 to be lower...
Oil prices declined on Monday, driven by signals that regional tensions may be easing after announcements that negotiations between Washington and Tehran over Iran’s nuclear program...
Nigerian Content Development and Monitoring Board has outlined practical framework for positioning Nigeria’s energy sector to access the African Continental Free Trade Area, following a strategic...
Oil prices fell on Friday as investors assessed talks between the United States and Iran that took place in Oman amid fears of another supply-disrupting Middle...
Edo government and NNPCL say they will collaborate to establish a 10,000-barrels-per-day condensate refinery in the state. Governor Monday Okpebholo’s spokesman, Patrick Ebojele, disclosed this in...