The Nigerian National Petroleum Company Limited (NNPCL) unveiled its April 2025 performance report, highlighting a staggering revenue of N5.89 trillion.… Read More
MRS Oil Nigeria PLC, a leading player in Nigeria’s downstream oil and gas sector, has forecasted a revenue of ₦393.58… Read More
Negotiations between Nigeria and Saudi Arabia’s Aramco for a landmark $5 billion oil-backed loan have hit a roadblock as plunging… Read More
The surge of indigenous Nigerian oil firms has ignited a rare momentum in the sector, where private ambition converges with… Read More
A company linked to Caverton Offshore Support Group’s top brass has sold a significant block of shares in the aviation… Read More
Once soaring above ₦1,100 in March, diesel now ranges between ₦911 and ₦950 in major hubs, propelled by an oversupply… Read More
Oil prices surged on Thursday, propelled by an unexpected drop in US crude oil inventories that points to a strengthening… Read More
Oando PLC has announced the successful upsizing of its reserve-based lending facility (RBL2) to $375 million. The funding, led by… Read More
Nigeria’s bold new policy to cut upstream oil production costs must overcome legal ambiguity, regulatory overlaps, and institutional frictions, warns… Read More
Oando PLC, Nigeria’s leading indigenous energy company, released its audited financial results for 2024, showcasing a transformative year marked by… Read More