The Wall Street Journal has reported that billionaire industrialist Aliko Dangote is among the biggest beneficiaries of the disruption caused by the recent US-Iran...
The US military struck Iran for the second straight day, an escalation of violence that threatens efforts to reach a permanent peace deal.
US Central...
The Nigerian National Petroleum Company Limited has said the recently signed Memorandum of Understanding with Chinese firms for the rehabilitation and operation of the...
The country that produces the most natural gas is the United States, according to the Energy Institute’s (EI) latest statistical review of world energy,...
Russia’s gasoline-supply crunch is starting to ripple into Central Asia, where some countries lack sufficient domestic fuel production and have long relied on Russian...
THE Federal Government’s latest intervention in the fuel pricing debate is both timely and necessary. When the Minister of State for Petroleum Resources (Oil),...
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 3.8 million barrels from the week ending June 21...
The Dangote Petroleum Refinery has purchased two cargoes of crude oil from the United Arab Emirates, marking its first-ever procurement of Middle Eastern crude...
Nigeria’s downstream petroleum regulator has approved a fresh round of fuel import permits for major oil marketers as concerns grow over domestic supply levelThe...
Nigeria exported Premium Motor Spirit, popularly known as petrol, worth N105.5bn to Togo in the first quarter of 2026 amid recent revelations that Nigerian...
Recent security and oil sector data have highlighted a link between efforts to protect oil infrastructure in the Niger Delta and improvements in crude...
The Nigerian National Petroleum Company Limited has commenced the export of a new crude oil grade, Cawthorne, in a move aimed at boosting Nigeria’s...