- Monday, June 29, 2026
BusinessDay
Nigeria’s economy is bracing for fresh turbulence as global oil market analysts warn of a potential decline in crude prices...
The Federal Government has mediated a resolution between Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and the Petroleum...
Export of crude oil started from Nigeria’s Otakikpo onshore terminal, an expandable $1.3 billion facility that is projected to mark...
The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialised, commodity analysts...
Many Nigerian households are being forced to make difficult choices to cope with the rising expense of this essential commodity...
A sharp drop in oil prices to around $60 per barrel has cast a shadow over the record-breaking shareholder payouts...
Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel...
…Secures $375m Afreximbank financing to drive production Oando Plc, one of Nigeria’s indigenous energy groups, recorded a 267 percent rise...
Oando Plc, has announced a $550 million crude prepayment contribution to the Nigerian National Petroleum Company’s (NNPC) Project Gazelle. The...
Dangote, President of the Dangote Group, has announced that the price of petrol in Nigeria is currently 55 percent below...
….pledges nationwide rollout of 20 stations Shafa Energy, a key player in Nigeria’s sustainable energy sector, has officially...
Swiss-based oil trader Mocoh is undergoing a strategic overhaul as Nigeria’s massive Dangote refinery reshapes fuel supply dynamics across West...
…South Africa takes lead Nigeria, long known as Africa’s biggest importer of refined petroleum products, has ceded that position to...
In a major step forward for Nigeria’s energy transition and digital transformation, Dawcon Energy, an awardee of the Nigerian Gas...
PETROAN has urged the NNPC Limited to strictly following the proposed 30-day repair schedule for the old Port Harcourt refinery shutdown....
