Bayo Ojulari, the Chief Executive of the Nigerian National Petroleum Company (NNPC), has blamed the recent strike by PENGASSAN for the current hike in the price...
Nigeria’s daily oil and gas production slumped during a brief nationwide strike by oil workers’ union PENGASSAN that was called off on Wednesday after government-mediated talks...
Federal government brokered a truce on Tuesday between the Petroleum and Natural Gas Senior Staff Association of Nigeria and the management of Dangote Petroleum Refinery. This...
Oil prices fell to a 17-week low on Wednesday, down for a third straight day on a U.S. government shutdown fed worries about the global economy,...
Russia is profiting significantly from liquefied natural gas sales to companies in the European Union, according to a study by the environmental organisation Greenpeace published on...
Ex-Niger Delta militant from Ogoni ethic nationality in Rivers State have petitioned President Bola Ahmed Tinubu and the National Security Adviser, Mallam Nuhu Ribadu, over their...
National Industrial Court sitting in Abuja has today (Monday) issued an interim order stopping the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) from...
Industry experts, on Monday, warned that Nigeria is losing billions of dollars daily to crude oil theft, vandalism, and wastage, calling for urgent digitalisation of production...
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...