The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that 10 oil block awardees from the 2024 bid round have
Saudi Arabia has discovered 14 new oil and natural gas fields and reservoirs in the Eastern Province and the Empty
The OPEC+ coalition has decided to significantly boost oil production, agreeing to increase output by 411,000 barrels per day (bpd)
Residents of Aguda Surulere and its environs have led a protest and instituted a case against Eko Electricity Distribution Company
Dangote Refinery has issued a tender to sell 128,000 metric tons of residual fuel oil according to a market document
Dangote Petroleum Refinery has temporarily suspended the sale of petroleum products in Naira, opting instead for transactions in U.S. dollars.
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) has clarified the state of its crude contract with the Dangote Refinery following
The Nigerian National Petroleum Company (NNPC) Limited has terminated its naira-for-crude oil swap arrangement with domestic refineries, a decision that
Eko Electricity Distribution Company (EKEDC), commonly known as Eko Disco, has explained that the ongoing load shedding across Lagos is
Transnational Corporation Plc (Transcorp), Nigeria’s leading conglomerate with interests in power, hospitality, and energy, delivered a stellar financial performance in
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