Dangote Petroleum Refinery has debunked claims that the recent reduction in petrol pump prices by oil marketers was driven by
Nigeria is accelerating its clean-fuel transition with a major push to build 500 Compressed Natural Gas (CNG) refuelling stations across
Libya’s National Oil Corporation (NOC) has announced the discovery of six new oil wells in 2025, with recoverable oil reserves
Independent energy company Seplat Energy PLC, listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the proposed 15% import duty on Premium Motor
Nigeria’s crude oil production climbed marginally to 1.401 million barrels per day (bpd) in October, up from 1.39 million bpd
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2025 Oil Licensing Round will officially begin on December
Nigeria’s earnings from crude oil sales slumped by N824.66 billion in 2024, falling to N1.08 trillion from N1.90 trillion in
Respected economist and CEO of Financial Derivatives Company, Mr. Bismarck Rewane, made a striking comment that has sparked some form
BP posted a profit of $2.2 billion for the third quarter of 2025, holding steady despite a steep decline in
Nigeria’s financial markets opened November on a weak note as the naira and equities slid following remarks by US President
Nigeria’s Bonny Light crude oil price fell to an average of $66.2 per barrel in October 2025, down 6% month-on-month
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