Oil prices rose 3% on Wednesday, bouncing back from multi-month lows, after data showed a bigger-than-expected draw in U.S. crude stockpiles, even…
Category:
Oil and Gas
-
-
Fitch Ratings has downgraded Dangote Industries Limited’s (DIL) credit rating to B+ and put it on ratings watch negative, citing concerns about…
-
Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, said it is working to ensure collaboration with industry regulators and stakeholders to attract businesses…
-
Nigeria’s oil output has been threatened as fire guts the Nigerian National Petroleum Company, NNPC, Akaso 4 facility in the Niger Delta.…
-
Oil prices climbed around $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up…
-
Chairman of the Federal Inland Revenue Service (FIRS), Zach Adedeji, announced that the federal government will reduce monthly spending on petrol imports…
-
Nigeria’s government gave approval for NNPC Ltd to sell crude directly to the Dangote refinery starting immediately, a cabinet member said just…
-
Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday. Three…
-
French major TotalEnergies announced the sale of its stake in 18 Oil Mining Licenses (OMLs) in Nigeria – the majority of which…
-
Oil prices edged up on Thursday after strong U.S. economic data stoked expectations for higher crude demand, but the gains were limited…
-
The Nigerian Upstream Petroleum Regulatory Commission has inaugurated Metering Audit and Advance Cargo Declaration project teams to promote transparency and accountability in…
-
Oil and Gas
Eni gets approval to sell Nigerian unit NAOC to OANDO as Brent crude oil prices rises to $81 a barrel
Eni has received formal approval from the Nigerian Upstream Petroleum Regulatory Commission to sell its unit Nigerian Agip Oil Company (NAOC) to…
-
Nigeria has in a bid to eliminate gas flaring by 2030, reaffirmed its commitment to combatting methane emissions, underscoring the nation’s pivotal…
-
Oil and Gas
AfDB President Adesina tells Tinubu to stop pettiness, allow Dangote refinery to flourish, FG reconciles Dangote, NNPC, NMDPRA
President of the Africa Development Bank, Akinwunmi Adesina, has cautioned the Bola Tinubu administration to forego pettiness and make room for Dangote…
-
Oil and Gas
NASS sets up committee to investigates fuel imports after Dangote Refinery rift with regulator
House of Representatives has set up a committee to investigate the allegations made by Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)…