Brent crude surged past $100 a barrel in early trading on Thursday after Oman ordered all oil vessels to leave...
In the heart of Victoria Island, Lagos, the hum of server racks is fast becoming the quiet engine of Nigeria’s...
Nigeria has missed its oil production quota for the seventh consecutive month, with crude output falling to 1.46 million barrels...
Nigeria has suspended the issuance of petrol import licences for a second consecutive month, as regulators move to enforce rules...
Nigeria’s dependence on imported petrol fell sharply in February, dropping to the lowest level recorded in at least nine years....
Francis Nwaochei is the chairman, Society of Petroleum Engineers (SPE), Nigeria Council. In this interview, Nwaochei talks about the upcoming...
Dangote Petroleum Refinery has revised its ex-depot prices for the fourth time since March 2, increasing the gantry price of PMS......
The International Energy Agency (IEA) has said it has no plans for a coordinated release of emergency oil reserves for...
The Nigerian National Petroleum Company (NNPC) Limited has recorded a sharp 47 percent decline in its monthly revenue, which fell...
Finance ministers from the Group of Seven (G7) are set to discuss a possible coordinated release of crude from strategic reserves as oil price...
Global oil prices surged in early Asian trading on Monday, climbing above $100 per barrel for the first time in...
Global oil prices could breach the $100 a barrel mark within days, and reach $150 a barrel by the end...
Adetunji Oyebanji, the longest-serving chief executive in 11 Plc’s modern history, will retire effective March 31, 2026, ending a 45-year...
Crude oil surged toward its largest weekly advance in nearly six years on Friday, with Brent futures touching $87 a...
Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks...