Dangote Refinery, the largest in Africa, is on track to process only Nigerian crude oil by the end of 2025,… Read More
Oil prices remained steady on Monday despite OPEC+ announcing a larger-than-expected production hike for August, stoking fears of an impending… Read More
Global oil firms like ExxonMobil, Chevron, TotalEnergies, and Eni have commenced active competition following Libya’s revived oil bid round, according… Read More
OPEC+ has announced a larger-than-expected oil production increase for August 2025, further raising its output by 548,000 barrels per day… Read More
Oil prices declined on Thursday as investors weighed the impact of a possible OPEC+ production increase, renewed nuclear diplomacy between… Read More
On July 3, 2025, MRS Oil Nigeria PLC announced significant changes to its board, appointing Mr. Aliyu Abubakar Kalgo as… Read More
Oil prices edged higher for a second consecutive day on Tuesday, with Brent crude trading above $67 per barrel and… Read More
In a bold call to action, Segun Ajayi-Kadiri, Director General of the Manufacturers Association of Nigeria (MAN), has urged the… Read More
According to data from the Nigerian Bureau of Statistics (NBS), the average retail price of Diesel paid by consumers increased… Read More
Oil prices stabilized near their lowest levels since early June 2025, with Brent crude trading below $67 per barrel and… Read More