Oil & Gas

US Strike on Iran: Oil Prices up by Barely 3% Despite Fears of Soar in Global Oil Prices

US Strike on Iran: Oil Prices up by Barely 3% Despite Fears of Soar in Global Oil Prices

Oil prices were up by barely 3%, despite fears the U.S. military’s overnight strikes on Iranian nuclear facilities would send… Read More

1 month ago

Dangote Refinery Raises Petrol Price to N880/Litre

Dangote Petroleum Refinery on Friday raised its ex-depot price for Premium Motor Spirit (PMS) to N880 per litre, marking a… Read More

1 month ago

We’re in Full Support of Dangote’s Distribution Plan – IPMAN President, Abubakar Shettima

In a recent interview on Arise News, Abubakar Shettima, President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), expressed… Read More

1 month ago

South Sudan Collaborates With Chinese Firm to Scale up 90,000bpd Oil Industry Amidst Renewed Surge in Violence

South Sudan is working with China’s state-owned CNPC to scale up its oil industry, which currently produces between 60,000 and… Read More

1 month ago

Tony Attah Signals Bold Vision as Renaissance Africa Energy Takes Off Post-Shell

Tony Attah, the respected former CEO of Nigeria LNG and one of Africa’s most experienced energy executives, has re-emerged to… Read More

1 month ago

Dangote Refinery to Ship 90,000 Metric Tons of Gasoline to Asia

Dangote refinery is set to ship 90,000 metric tons of gasoline from outside Africa for the first time. The cargo… Read More

1 month ago

Total Energies to Resume $20 billion Mozambique LNG Project After Four Years

Total Energies has announced that its $20 billion Mozambique LNG project would resume operations “this summer” after being shut under… Read More

1 month ago

Dangote’s Free Fuel Delivery and Credit Scheme Sparks Job Loss Fears Among Depot Owners

Dangote Petroleum Refinery’s bold move to launch direct nationwide distribution of petrol and diesel is set to reshape Nigeria’s downstream… Read More

2 months ago

IEA Slashes 2025 Global Oil Demand Growth Forecast by 21,000 bpd in its June Report

The International Energy Agency (IEA) has revised its 2025 global oil demand growth forecast downward by 21,000 barrels per day… Read More

2 months ago

Oil Prices Rose Sharply Amid Israel-Iran Conflict: Global Markets on Edge

Oil prices have surged dramatically following Israel’s unexpected strike on Iran, igniting fears of supply disruptions in the oil-rich Middle… Read More

2 months ago