Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun has warned petroleum marketers against hoarding and any form of sharp practices before, during, and after...
U.S. Energy Information Administration (EIA) has revised up its average oil price projections for this year and 2026, taking into account recent developments in global oil...
Oil prices were steady on Thursday, with the market focused on Ukraine’s attacks on Russian oil assets, while stalled peace talks tempered expectations of a deal...
Soldiers from the 6 Division, Nigerian Army, Port Harcourt, Rivers State, have destroyed seven illegal crude oil refining sites in its sustained efforts in the Niger...
Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that it recorded a Profit After Tax of N5.4 trillion from total revenue of N45.1 trillion for...
As the G20 convenes in Johannesburg, the African Energy Chamber (AEC) calls for a fundamental reorientation of global energy policy – one that places African fossil...
The federal government says the Midstream and Downstream Gas Infrastructure Fund has invested over N287 billion in various gas infrastructure projects with 16 companies across 62...
Nigeria has suspended plans to impose a 15% import duty on petrol and diesel amid assurances of adequate supply during the year-end holidays, the downstream regulator...
Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from its previous expectations of a speedy transition to...
African Energy chamber has said that the operationalization of Nigeria’s 650,000 bpd Dangote refinery marked a turning point for the continent’s refining industry, with other facilities...
Operatives of the 6 Division, Nigerian Army, Port Harcourt and in synergy with other security agencies have arrested 14 suspected oil thieves and confiscated 20,205 of...
Nigeria’s earnings from crude and gas sales fell by 43 per cent, accounting for only about 8 per cent of total oil and gas revenue, despite...
A Nigerian-Norwegian expatriate, Olukayode Togun, has sued Halliburton Energy Services Inc. at the National Industrial Court, alleging workplace discrimination, unfair labor practices, and wrongful termination disguised...
Oando PLC, has posted a Profit After Tax of ₦210 billion in its third quarter result ended September 2025, a 164% increase from ₦76 billion in...
Oil prices rose 1% on Wednesday after data showed U.S. crude and fuel inventories drew down more than expected last week, and as U.S. President Donald...