Oil prices surged on Thursday, propelled by an unexpected drop in US crude oil inventories that points to a strengthening
Oando PLC has announced the successful upsizing of its reserve-based lending facility (RBL2) to $375 million. The funding, led by
Nigeria’s bold new policy to cut upstream oil production costs must overcome legal ambiguity, regulatory overlaps, and institutional frictions, warns
Oando PLC, Nigeria’s leading indigenous energy company, released its audited financial results for 2024, showcasing a transformative year marked by
President Tinubu’s new Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) ties tax relief to verifiable cost savings in Nigeria’s
French oil giants TotalEnergies have announced that its subsidiary TotalEnergies Nigeria has signed an agreement with Shell Nigeria Exploration and
Oil prices are declining ahead of the meeting of the Organization of the Petroleum Exporting Countries and its allies, collectively
Oil prices climbed in the global commodity market on Monday, propelled by US President Donald Trump’s decision to delay imposing
Seplat Energy Plc, the leading Nigerian independent energy firm dual-listed on the Nigerian Exchange Limited (NGX) and the London Stock
Brazilian oil giants Petrobras, is set to return to Nigeria’s petroleum sector five years after it exited the country. According
Oil prices jumped by 3% early Monday to above $65 per barrel after the United States and China agreed to
Oil giants Saudi Aramco has cut its dividends by $10 billion following a fall in its first-quarter profits. This cut
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