Global oil benchmark Brent hovered above $80 a barrel on Wednesday amid jitters over global trade disruption and geopolitical tensions in the…
Oil and Gas
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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…
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President Bola Tinubu has appointed NCDMB governing council and management team. A statement issued by Chief Ajuri Ngelale Special Adviser to the…
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An India oil company Fox Petroleum Group Board has struck an agreement to offer a credit facility funds of $2.5 billion per…
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Oil and GasNews
COP 28: Kyari Makes case for a just energy transition for Africa, says continent’s peculiarities must be considered towards net-zero future
As conversations on finding sustainable solutions for a decarbonised energy future continue to hold globally, the Group Chief Executive Officer (GCEO), NNPC…
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Oil and GasNews
Brent crude oil climbs to $78 a barrel after Russia hints at strengthening output cuts
Global benchmark Brent crude oil rose above $78 a barrel, after Russia said OPEC+ was ready to deepen output cuts in the…
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Hydrocarbon Pollution Remediation Project, HYPREP, has assured that it would give priority attention to youths of Ogoni by creating more job opportunities,…
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The House of Representatives’ Committee on Host Communities has assured the people of Niger Delta that it would quickly propose and commence…