Oil prices jumped 5% to over $121 a barrel on Wednesday as aweather-related disruption to Russian and Kazakh crude exports via the Caspian Pipeline Consortium (CPC)...
The Group Managing Director and Chief Executive Officer of the Rahamaniyya Group, AbdulRahman Bashir has denied operating six oil refineries across Europe and the Middle East....
The Nigerian Navy has arrested a vessel, ”Motor Tanker Harbor Spirit”, and 13 Nigerians on board conveying a fortified and auctioned crude oil from MV KOME...
Communities on the riverside settlement of Lasukugbene, Southern Ijaw Local Government Area of Bayelsa State have cried out to the federal government to save them from...
Oil prices jumped by more than $6 on Monday, with Brent crude climbing above $114 a barrel, as European Union nations considered joining the United States...
The Nigerian Electricity Requlatory Commission (NERC) has approved a special gas pricing for emergency contracting of gas from the Nigerian Gas Marketing Company Ltd. The Minister...
The Major Oil Marketers Association of Nigeria (MOMAN) says it is holding talks with domestic airlines for steady supply of aviation fuel for their operations. Mr...
Oil fell on Wednesday in another volatile session as traders reacted to hoped-for progress in Russia-Ukraine peace talks and a surprising increase in U.S. inventories. Around...
A Nigerian court has stopped Shell Plc from selling any assets in Nigeria until a decision is reached on the company’s appeal of a nearly $2...
Oil prices dropped about 8% on Monday to the lowest in two weeks, as diplomatic efforts between Ukraine and Russia looked like they might end their...
Natives of Lasukugbene in Southern Ijaw Local Government Area of Bayelsa State have lamented the adverse impact of crude oil leak from an oil facility owned...
Apparently worried by unending inquiries by its happy investors and stakeholders who barely a week ago welcomed its share deal with ExxonMobil, Seplat Energy on Monday...
Shell has pledged to stop buying oil from Russia as it apologised for its purchase of cheap Russian crude at the weekend. The energy giant also...
African Chamber Chamber of Energy (AEC) has projected $30 billion capital spending within Africa’s oil and gas industry in 2022. According to the organisation’s first quarter...
Governor Muhammadu Inuwa Yahaya assured that his administration will not relent in pushing for the actualisation of exploitation of the already discovered oil in Kolmani area...