The police command in Oyo State has arrested three suspects allegedly linked to the hijacking of a DAF truck loaded with 45,000…
Category:
Oil and Gas
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Dangote Refinery has reduced its price of petrol to N865 per litre, a drop by N15 per litre from the old price.…
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Germany is eyeing expanded investments in Africa’s energy sector, having pledged €4 billion for green energy projects by 2030 and advancing hydrogen…
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Oil prices ticked higher on Tuesday but remained near four-year lows as recession fears exacerbated by trade conflict between the United States…
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Oil prices eased about 1% to a near four-year low on Monday on worries U.S. President Donald Trump’s latest round of trade…
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Oil and Gas
MOSOP rejects oil resumption talks by NSA office, demands 20% royalty for Ogoni development
Movement for the survival of Ogoni people, MOSOP, has called on the federal government to set aside a minimum of 20percent profit…
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Oil and Gas
Security operatives arrest 43 oil thieves, confiscate 254,000ltrs of stolen petroleum products
Troops of Nigeria Army and other sister agencies have crackdown on oil thieves, arresting 43 suspects and confiscating 254,000 liters of stolen…
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Crude oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as…
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Oil and Gas
Invest in African Energy 2025 to highlight growth opportunities in Africa’s downstream supply chain
The upcoming Invest in African Energy (IAE) 2025 Forum will host a high-level panel – Downstream Beneficiation: Supply Chain Development for Optimal…
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In a bid to bolster investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola…
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Oil and Gas
Tinubu remove NNPC group CEO Mele Kyari, sacks board, appoints Bashir Bayo Ojulari as 20th MD
President Bola Ahmed Tinubu has approved the overhaul of the Nigerian National Petroleum Company (NNPC) Limited, removing Mallam Mele Kyari as Group…
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Crude oil prices edged higher on Wednesday as market participants braced for U.S. reciprocal tariffs due to be announced at 2000 GMT,…
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Nigerian Society of Engineers (NSE) has commended President Bola Tinubu for appointing seasoned professionals to lead the Nigerian National Petroleum Company (NNPC).…
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Oil and Gas
Africa Energy Bank gains momentum with capital contributions from Nigeria, Angola, Ghana
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy…
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The oil prices declined in the global commodities market on Tuesday ahead of April 2 reciprocal tariffs implementation. The uncertainties about U.S…