In the global commodity market on Tuesday, prices of crude oil climbed over escalating tensions between Russia and Ukraine renewed supply concerns…
Category:
Oil and Gas
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Russia and China have signed a legally binding memorandum for the construction of a new gas pipeline through Mongolia to China. Alexei…
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Oil and Gas
Nigeria signs deepwater oil contract with TotalEnergies as oil rises on weaker dollar and Russian supply disruptions
Nigeria has signed a production-sharing contract (PSC) with TotalEnergies and local firm South Atlantic Petroleum for two offshore blocks, in a step…
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Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria’s gas flaring has fallen to 7.16 per cent in July 2025, while daily gas…
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Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world’s largest oil market, and possible behind-the-scenes…
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Oil prices tracked lower on Thursday as new US tariffs on India fueled trade concerns and expectations of weaker fuel demand with…
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In the global commodity market, prices of crude oil were under pressure early Wednesday due to diplomatic efforts toward peace in the…
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Enforcing its zero tolerance for auto crashes, the Dangote Articulated Trucks Drivers Training School (DATDTS), in collaboration with the Federal Road Safety…
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Oil prices fell 2% on Tuesday, erasing gains from the previous session, as investors watched developments around U.S. tariffs, the war in…
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In the global commodity market, prices of crude oil increased during early hours on Monday as supply concerns emerged following Ukraine’s drone…
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NNPC Limited has said that nearly all pipeline theft has been eliminated after coordinated efforts by the country’s defence and intelligence agencies.…
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Nigeria LNG Ltd has inked 20-year gas supply contracts with NNPC Ltd and other oil firms for the supply of 1.29 billion…
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Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest…
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National Bureau of Statistics (NBS) says the average retail price of a litre of diesel decreased from N1,813.81 in June 2025 to…
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Oil prices edged higher in the global commodity market on Wednesday as US industry data showed a larger-than-expected draw in crude inventories,…