The International Energy Agency (IEA) has revised its 2025 global oil demand growth forecast downward to 700,000 barrels per day… Read More
The High Court of the Federal Capital Territory, Abuja, has nullified ongoing proceedings at the International Chamber of Commerce, London,… Read More
Dangote Petroleum Refinery has announced plans to construct fuel storage tanks in Namibia with the capacity to hold over 1.6… Read More
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said yesterday that there were clear signs that Nigeria’s oil and gas industry… Read More
Oil prices edged higher for a third consecutive session on Tuesday, buoyed by strong demand signals from the United Arab… Read More
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