An ongoing oil spill at a wellhead and subsequent fire in Buguma community in Nigeria’s coastal Rivers state has entered its fourth…
Category:
Oil and Gas
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With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set…
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Oil and Gas
MOSOP decries non-inclusion in Tinubu’s planned meeting with Ogoni leaders for resumption of oil production
The supposed planned meeting between President Bola Ahmed Tinubu and some leaders of Ogoni over oil production resumption in the area may…
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Agency for Petroleum, Gas and Biofuels, ANPG, the Angolan upstream petroleum regulator, has announced Oando Energy as the winner of Block KON…
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The price of Premium Motor Spirit, PMS, also known as petrol, has risen to N1,150 a litre as oil marketers continue to…
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Oil and Gas
Oil at $80.72 a barrel set for fourth straight week of gains as investors assess US sanctions
Oil prices moved lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions…
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The Dangote Refinery has increased the price of petrol from N899 to N955/litre for bulk buyers. Just yesterday Heineken Lokpobiri, the Minister…
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Organization of the Petroleum Exporting Countries (OPEC) has projected global oil demand growth rate at 1.4 million barrels per day (mb/d) in…
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Nigerian army said it has apprehended no fewer than 15 persons over suspected oil theft and illegal oil bunkering activities in the…
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Oil prices slid on Tuesday with investor profit-taking after reaching three-month highs over new US sanctions on Russia’s energy sector, while reports…
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Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest…
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Oil and Gas
Deplorable East-West road affecting effective distribution of PMS from PH refinery— PETROAN
Petroleum Retail Outlets Owners Association of Nigeria, PETROAN, has blamed the seaming hitches in the distribution of petroleum products from the Port…
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Oil prices reversed early declines on Tuesday, supported by fears of tighter Russian and Iranian supply in the face of escalating Western…
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Management of BUA Refinery and Petrochemicals says the refinery is scheduled for completion by 2025 year. It denied media reports that the…
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Nigerian National Petroleum Company Limited says the Port Harcourt Refinery and Kaduna Refinery are undergoing a comprehensive overhaul designed to meet world-class…