Nigeria’s average daily fuel consumption declined to 48.03 million litres in June 2025, according to the Nigerian Midstream and Downstream
Dangote Petroleum Refinery announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (petrol) from ₦850 to ₦820
Nigeria’s crude oil production rose to 1.507 million barrels per day (bpd) in July 2025, surpassing the Organization of the
Nigeria’s non-oil exports climbed to $3.225 billion in the first half of 2025, up 19.59 per cent from $2.696 billion
Oando has appointed Mrs. Folasade Ibidapo-Obe as the Company’s new Chief Compliance Officer and Company Secretary, effective August 8,
Oil and Gas firm, Falcon Corporation Limited, has named Co-Founder and Deputy Managing Director, Mrs. Audrey Joe-Ezigbo as its new
FBN Holdings has taken control of Ikeja Electric and KEPCO Energy Resources, two major players in Nigeria’s power sector, adding
Nigeria’s oil production soared beyond 1.8 million barrels per day (bpd) in July, exceeding its OPEC quota of 1.5 million
Conoil Plc has reported a 89% year-on-year (YoY) drop in pre-tax profit to ₦1.147 billion for the first half (H1) of
African Export-Import Bank (Afreximbank) has announced the signing of a $1.35 billion financing facility for Dangote Industries Limited (DIL) as
BP has announced its biggest oil and gas discovery in a quarter of a century after successfully drilling a well
In a decisive move to reduce the rising number of tanker-related accidents on Nigerian roads, the Western Zone of the
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