Since 2019, the Nigerian National Petroleum Company Limited (NNPC) has committed $21.565 billion to forward crude oil sales, a strategy
Another pipeline explosion has reportedly impacted the Soku oil facility in the Akuku Toru Local Government Area of Rivers State,
The management of the Nigerian National Petroleum Company (NNPC), has confirmed the incident that occurred at the Port Harcourt Refining
Dangote Petroleum Refinery has temporarily suspended the sale of petroleum products in Naira, opting instead for transactions in U.S. dollars.
A powerful explosion struck the Trans Niger Pipeline (TNP) in Rivers State on Monday night, igniting a fire that has
The Major Energies Marketers Association of Nigeria (MEMAN) has revealed that the landing cost of imported premium motor spirit (PMS),
The Nigeria House of Representatives announced a major breakthrough in its efforts to recover outstanding revenues owed to the Federation
The Nigerian Content Development and Monitoring Board (NCDMB) has launched an investigation into Sterling Oil Exploration and Energy Production Company
Nigeria, Africa’s most populous nation and one of its largest economies, now finds itself at a critical juncture. Despite its
Seplat Energy Plc, one of Nigeria’s leading indigenous energy companies, has announced the pricing of a new bond, known as
Dangote Petroleum Refinery quietly reduced the loading cost of its petrol from N825 per litre to N815 per litre. This
As of March 11, 2025, Brent crude oil prices have declined to $69.22 per barrel, weighed down by escalating trade
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