Oil and Gas

Oil prices eased on Friday on negative economic news from the United States and China and signs of growing supply despite optimism…

Nigerian Midstream and Downstream Petroleum Regulatory Authority said that West African countries will sign harmonised refinery regulatory agreements in the fourth quarter…

Nigerian Economic Summit Group (NESG) has raised concerns over the persistent underperformance of the oil and gas sector, warning that it poses…

Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has remitted N6.96 trillion to the Federation Account within the first five months…

Africa is increasingly becoming a destination for cheap, often toxic petroleum products, many of which are blended to substandard levels that would…

Oil prices fell on Monday, as the latest European sanctions on Russian oil are expected to have minimal impact on supplies, while…

Nigeria’s oil and gas sector stands at a strategic inflection point and the country’s marginal fields are vital for growth and sustaining…

The Pipeline Infrastructure Nigeria Limited (PINL) has said that it has successfully engaged major stakeholders to combat pipeline vandalism and crude oil…

House of Representatives says the enactment of the Petroleum Industry Act (PIA 2021) has yielded remarkable results with more than 16 billion…

Nigeria is set to push for a 25% increase in its oil production quota by 2027, citing growth in refinery capacity and…

Oil prices steadied on Monday, holding close to their highest level in three weeks, as investors eyed further U.S. sanctions on Russia…

Socio-Economic Rights and Accountability Project (SERAP) has filed a suit against the NNPCL for its inability to account for over N825 billion…

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.…

Nigerian Upstream Petroleum Regulatory Commission states that 102 Host Community Development Trusts have received N97 billion and $149 million as HCDT funds…

Nigeria’s Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to…