Nigeria is set to introduce a new crude oil grade, Obodo, into the global market in April, reinforcing its efforts… Read More
The OPEC Daily Basket Price climbed to $75.96 per barrel on Tuesday, up from $75.74 the previous day, as reported… Read More
In a revealing interview during Shell’s Capital Markets Day in New York on March 25, 2025, CEO Wael Sawan laid… Read More
The emergence of Nigeria’s Dangote refinery, Africa’s largest with a capacity of 650,000 barrels per day (bpd), is sending ripples… Read More
Saudi Aramco, the world's largest oil company, finalized the acquisition of a 50% equity interest in Blue Hydrogen Industrial Gases… Read More
Since 2019, the Nigerian National Petroleum Company Limited (NNPC) has committed $21.565 billion to forward crude oil sales, a strategy… Read More
Dangote Petroleum Refinery has temporarily suspended the sale of petroleum products in Naira, opting instead for transactions in U.S. dollars.… Read More
A powerful explosion struck the Trans Niger Pipeline (TNP) in Rivers State on Monday night, igniting a fire that has… Read More
Babs Omotowa, an independent non-executive director of Seplat Energy, has purchased an additional 20,000 ordinary shares in the Nigerian oil… Read More
The Major Energies Marketers Association of Nigeria (MEMAN) has revealed that the landing cost of imported premium motor spirit (PMS),… Read More