Crude oil prices climbed about 1% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump…
Category:
Oil and Gas
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Oil and Gas
NEITI plans review of $6bn divestments by IOCs, pledges to monitor spending of oil, gas, mining revenues
Nigeria Extractive Industries Transparency Initiative has announced a review of divestments involving 26 oil blocks worth $6.03 billion by five International Oil…
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Oil and Gas
MOSOP insists on justice for Saro Wiwa, others says oil resumption can’t create jobs for Ogoni people
Movement for the Survival of the Ogoni People (MOSOP) has described as deceptive, the claims being peddled by oil resumption merchants, that…
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MRS Oil Nigeria Plc has announced a decision to voluntarily delist from the Nigerian Exchange Limited (NGX) and move to the NASD…
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Oil prices were set for a third weekly gain on Friday as the U.S. ramped up pressure on Venezuela and Iran, though…
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Crude oil prices edged higher on Thursday and hovered near one-month highs on concerns about global supply, but new U.S. tariffs and…
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Ahead of its H1 2025 launch, the Africa Energy Bank – developed jointly by Afreximbank and the African Petroleum Producers Organization (APPO)…
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Trans Niger oil pipeline has been fully restored and is working normally, after it was ruptured by a blast last week, Renaissance…
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Crude oil prices gained 1% on Monday as U.S. President Donald Trump said he will impose 25 per cent on countries that…
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Adeayworld Energy Limited says it is partnering the National Agency for Science and Engineering Infrastructure on compressed natural gas kits manufacturing and…
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Dangote Refinery has halted selling petroleum products in naira; the company disclosed this in an official statement. The 650,000 barrels per day…
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Oil and Gas
Another explosion rocks oil facility in Rivers, Police confirms Trans Niger Delta Pipeline fire
Unconfirmed reports say there is another explosion at an oil facility in Ogba/Egbema/Ndoni Local Government Area of the Rivers State. A source…
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Nigeria Security and Civil Defence Corps NSCDC said its Commandant General’s Special Intelligence Squad (CG’s SIS) has arrested 17 suspects for their…
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Arabel Holdings has announced the successful closure of Renaissance Africa Energy Holdings’ acquisition of Shell’s full equity position in the Shell Petroleum…
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Brent crude oil hovered at $70 per barrel on Friday amidst fresh round of sanctions on Iranian oil exports by the United…