Nigeria has approved a $10.3 billion deepwater offshore oil project led by Eni, marking one of the largest recent upstream
China’s President Xi Jinping has called for the immediate restoration of shipping activity through the strategically critical Strait of Hormuz,
Nigeria’s crude oil exports are set to decline by about 225,000 barrels per day (bpd) in February following the shutdown
Global crude oil prices continue to decline following reports that Israel is unlikely to target Iran’s oil infrastructure in its
Oil prices have experienced a significant drop in recent months. Today it worsens, dipping below the $70 per barrel mark,
In the complex web of global energy markets, some of the most crucial players are countries that, paradoxically, have little
Gbenga Akomolafe, the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), shared critical insights on Monday regarding
Key Points Dangote oil refinery is on track to deliver petrol (PMS) this July, fulfilling its earlier promise. The refinery,
Key Points Shift in Refining Landscape: Historically dominated by international oil companies (IOCs). Now led by national oil companies (NOCs)
Media reports that agents of the Economic and Financial Crimes Commission (EFCC) “stormed” the headquarters of Dangote Group have confirmed
Crude oil fell to its lowest level since July as trend-following trades intensified losses that were initially sparked by rising
The Nigerian Markets report for the week ended March 5, 2021. It captures indexes that gauge performance across a number
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