Dangote Petroleum Refinery has resumed selling petrol in naira, following a brief suspension due to crude supply constraints, according to a notice sent to customers and...
The House of Representatives Committee on Petroleum Resources (Downstream) on Friday vowed to end the face-off between Dangote Refinery and the Nigerian Union of Petroleum and...
Oil prices climbed on Friday, on track for a weekly gain of more than 4%, as Ukraine’s attacks on Russia’s energy infrastructure prompted Moscow to curb...
Oil prices rose by more than $1 a barrel on Tuesday after a deal to resume exports from Iraq’s Kurdistan stalled, pacifying some investor concerns that...
Federal Government has commenced the verification of disputed and newly drilled crude oil and gas fields across the Niger Delta to resolve ownership claims and ensure...
Oil posted a weekly surge in prices as markets reacted to supply risks in Russia and declining US crude inventories. The international benchmark Brent crude traded...
Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025. This...
TotalEnergies has signed four Production Sharing Contracts (PSC) for exploration blocks in Liberia. Awarded to the company following the conclusion of Liberia’s 2024 Direct Negotiation Licensing...
Dangote Petroleum Refinery has said that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of N1.505 trillion to enable members...
In the global commodity market, the prices of crude oil rose on Tuesday as markets remained on edge, driven by mounting risks to energy infrastructure from...
African Export-Import Bank and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed...
Oil prices rose by nearly 2% on Friday after a Ukrainian drone attack on a Russian port suspended loadings, outweighing pressure from oversupply concerns and weaker...
Nigeria Liquefied Natural Gas Limited has highlighted the transformative role of Artificial Intelligence in enhancing operational efficiency, safety, and productivity across its vast gas infrastructure. Olakunle...
Oil prices rose in the global commodities markets on Wednesday due to concerns about potential supply interruptions caused by rising geopolitical tensions in the Middle East...
Nigerian National Petroleum Company Limited (NNPCL) says the country is targeting 60 billion dollars in new investments over the next five to seven years to expand...