Nigeria’s oil industry is facing fresh challenges as a surplus of unsold crude oil cargoes accumulates offshore. This comes amidst...
Axxela Limited, the pioneer private sector natural gas distribution and power development company, has successfully recertified its Integrated Management System...
The Nigerian National Petroleum Company (NNPC) Limited has been reported to owe around $3 billion to oil traders for imported...
Nigeria is set to receive a much-needed boost in May with a $1.05 billion loan from the African Export-Import Bank...
The total prepaid expenses of four listed downstream oil firms on the Nigerian Exchange Limited rose by 34 percent last...
When oil jumped above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger....
The 650,000 a day Dangote oil refinery came with huge promise for Nigeria’s economy gut now the plant is beginning...
In a move that is sure to bring welcome relief to businesses and manufacturers struggling with the high cost of...
The federal government’s new gas pricing policy that allows producers to sell at a controlled price regardless of their cost...
Dangote Refinery has commenced the sale of Automotive Gas Oil (diesel) to oil marketers across Nigeria. This milestone was confirmed...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced a new base price for natural gas at $2.42...
Oil suppliers in the United States have muscled their way into the markets once dominated by Nigeria and other members...