Some Oil and Gas Experts have said that the coming on stream of both Port Harcourt and Dangote refineries may lead to…
Oil and Gas
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Oil futures ticked higher on the final trading day of 2023 Friday, on track for the first losing year since 2020 as…
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Exports of four main Nigerian crude oil grades in February are set to average about 657,000 barrels per day (bpd), according to…
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Oil prices rose as much as 1% on Friday as tensions persisted in the Middle East following Houthi attacks on ships in…
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Nigeria is off the hook for an $11 billion damages bill over a collapsed gas processing project that was procured by bribery…
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Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent…
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Global oil benchmark Brent hovered above $80 a barrel on Wednesday amid jitters over global trade disruption and geopolitical tensions in the…
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Nigeria’s new $19 billion Dangote oil refinery has received 1 million barrels of oil from Shell International Trading and Shipping, its second…
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Oil and GasNews
Two modular refineries in Edo take delivery of 75,500 barrels of crude from Oza oil field
Operators of the Oza oil field, Decklar Resources Inc., and its co-venturer, Millenium Oil & Gas Company Limited have said that they…
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Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of…
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Oil rose nearly 2% on Monday as mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea…
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Oil prices rose on Thursday, extending the previous session’s gains, boosted by a weaker dollar and as the International Energy Agency (IEA)…
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Oil fell 3% on Tuesday, with Brent crude hitting the lowest since June after U.S. consumer prices rose in November, offering more…
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Oil benchmarks were on track for a seven-week decline on Friday, their first in half a decade, on worries about a supply…
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In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has…