Conoil Plc has reported a 89% year-on-year (YoY) drop in pre-tax profit to ₦1.147 billion for the first half (H1) of
African Export-Import Bank (Afreximbank) has announced the signing of a $1.35 billion financing facility for Dangote Industries Limited (DIL) as
BP has announced its biggest oil and gas discovery in a quarter of a century after successfully drilling a well
In a decisive move to reduce the rising number of tanker-related accidents on Nigerian roads, the Western Zone of the
Dangote Petroleum Refinery & Petrochemicals has named David Bird, former head of Oman’s Duqm refinery, as CEO of its fuels
Seplat Energy has posted a pre‑tax profit of ₦139.465 billion in Q2 2025, a slight 0.76% decline from ₦140.535 billion in Q2 2024, despite
The Nigerian National Petroleum Company Limited (NNPC Ltd) officially ruled out selling Port Harcourt Refining Company, ending weeks of speculation
Oil prices climbed on Monday, after the United States and European Union agreed on a tariff deal of 15 % on
Cameroon has commenced the construction of a 30,000-barrel-per-day oil refinery in Lolabé, within the Kribi industrial-port zone of the country.
Crude prices fell below $68 a barrel on Monday, as global markets braced themselves for the economic fallout of imminent
The Zambian government has finalized plans to build a $1.1 billion crude oil refinery and energy complex in Ndola, the
Oando Plc is expected to seek shareholders’ authorisation to raise additional capital of up to N500billion or its foreign currency equivalent
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