Dangote Refinery recently decided to price petroleum products in U.S. dollars rather than naira announcing a new ex-depot (gantry) prices
Oil prices climbed above $85 per barrel on Tuesday, reaching their highest level since the United States and Iran agreed
Nigeria has recorded its strongest crude oil production in more than six years, surpassing its production quota under the Organisation
ExxonMobil’s announcement that it will invest $1 billion in expanding production at the Usan deepwater oil field has been welcomed
Global oil prices climbed on Tuesday after reports that Iranian forces attacked commercial vessels transiting the Strait of Hormuz, heightening
Europe is increasingly looking to Nigeria to help secure its aviation fuel needs as geopolitical tensions disrupt traditional supply routes
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
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