As of March 11, 2025, Brent crude oil prices have declined to $69.22 per barrel, weighed down by escalating trade
Dangote’s refinery has ignited a price war in Nigeria’s downstream oil industry, forcing oil marketers to compete aggressively for price-sensitive
The Nigerian National Petroleum Company Limited (NNPCL) and the Dangote Oil Refinery are currently negotiating an extension of their naira-based
The Nigerian National Petroleum Company (NNPC) Limited has terminated its naira-for-crude oil swap arrangement with domestic refineries, a decision that
NNPC Ltd, Nigeria’s state-owned petroleum corporation, has expanded its domestic gas supply strategy through a significant Gas Sale and Purchase
Seplat Energy has revealed that Roger Brown, its Chief Executive Officer, earned $1.98 million in total remuneration for the financial
Seplat Energy, the dual-listed Nigerian oil and gas producer, has introduced structured engagement channels to ensure that shareholders, regulators, employees,
On 26th February 2025, Ghana’s Ministry of Energy formally withdrew the Unitisation Directives that previously ordered the compulsory integration (unitisation)
Saudi Arabia’s oil firm, Aramco, reported a full-year profit of $106.25 billion in 2024, a 12% decline from the previous
Nigeria has achieved a 67% reduction in crude oil theft over the past 12 months, a milestone described as a
The Nigerian National Petroleum Company Limited (NNPC) has slashed the pump price of Premium Motor Spirit (PMS), popularly known as
Oil prices bounced back in early trading on Monday, buoyed by positive manufacturing data from China that raised hopes about
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