The price of Brent crude is now over $90 per barrel, up from $87 shortly after crisis between Israel and...
Dangote refinery’s recent move to slash the price of automotive Gas Oil, popularly known as diesel, to N1000/litre is shaking...
In a welcomed turn for manufacturers grappling with rising operational costs, Dangote Refinery has revealed that diesel will be sold...
Africa’s biggest economy is spending N600 billion every month on petrol subsidies, Rainoil Limited CEO has said. Ogbechie made this...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has established a new template for the supply of crude oil in Nigeria....
In a puzzling trend, Nigeria’s oil sector is experiencing contradictory developments. While the number of operational oil rigs has surged...
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....