The House of Representatives Committee on Petroleum Resources (Downstream) on Friday vowed to end the face-off between Dangote Refinery and the Nigerian…
Category:
Oil and Gas
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Oil prices climbed on Friday, on track for a weekly gain of more than 4%, as Ukraine’s attacks on Russia’s energy infrastructure…
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Oil prices rose by more than $1 a barrel on Tuesday after a deal to resume exports from Iraq’s Kurdistan stalled, pacifying…
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Federal Government has commenced the verification of disputed and newly drilled crude oil and gas fields across the Niger Delta to resolve…
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Oil posted a weekly surge in prices as markets reacted to supply risks in Russia and declining US crude inventories. The international…
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Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil and condensates…
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TotalEnergies has signed four Production Sharing Contracts (PSC) for exploration blocks in Liberia. Awarded to the company following the conclusion of Liberia’s…
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Dangote Petroleum Refinery has said that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of N1.505…
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In the global commodity market, the prices of crude oil rose on Tuesday as markets remained on edge, driven by mounting risks…
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Oil and Gas
Afreximbank, MDGIF sign strategic MoU to accelerate development of gas infrastructure in Nigeria
African Export-Import Bank and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish…
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Oil prices rose by nearly 2% on Friday after a Ukrainian drone attack on a Russian port suspended loadings, outweighing pressure from…
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Nigeria Liquefied Natural Gas Limited has highlighted the transformative role of Artificial Intelligence in enhancing operational efficiency, safety, and productivity across its…
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Oil prices rose in the global commodities markets on Wednesday due to concerns about potential supply interruptions caused by rising geopolitical tensions…
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Nigerian National Petroleum Company Limited (NNPCL) says the country is targeting 60 billion dollars in new investments over the next five to…
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A coalition of civil society organizations on Wednesday raised the alarm over what it described as a coordinated smear campaign against the…