Downstream Oil & Gas

During a press meeting in Ankara, Türkiye, where he is attending the 2026 NATO Summit, U.S. President Donald Trump said he thought the ceasefire...

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 Supreme Court on Friday morning ordered the Chief Registrar of the Court of Appeal and the Admiralty Marshal to immediately hand over the...

In spite of sustained public criticism over plans to hand over the operations of the Port Harcourt and Warri refineries to private partners after...

Genel Energy PLC has entered into an agreement to acquire Capricorn Energy PLC for an expected price of $360 million (GBP 271 million) and...

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),...

Fuel prices in Nigeria may not drop below N1,000 per litre any time soon unless importers decide to initiate a price war against the...

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...

A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day...

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...

US oil plunged, erasing nearly all its gains made during the war, as vessel traffic through the Strait of Hormuz continued to rise and...

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...

ADNOC Gas PLC on Monday confirmed casualties including one fatality at its Habshan natural gas processing complex and said the affected area has been...

India is set to import the most oil from Venezuela in almost six years, helping the world’s third-largest crude importer replace Middle East grades...

President Donald Trump threatened Iran with civilizational destruction as the US attacked military targets on the country’s key oil export hub, ramping up pressure...