India is showing little urgency to return to large-scale crude purchases from the Middle East, even after the…

Oil prices ended the trading session on a mixed note on Friday as renewed uncertainty over U.S.-Iran diplomatic…

Nigerian fuel marketers are increasingly sourcing refined petroleum products originally produced by Dangote…

Nigeria’s crude oil industry is showing renewed strength as the Nigerian Upstream Petroleum Regulatory Commission…

Nigeria’s petrol imports recorded a surprising rebound in May 2026, climbing by 59.5% compared to April despite…

Global oil markets experienced a sharp downturn this week as crude prices fell by more than $7 per barrel, marking…

The Federal Government has firmly dismissed reports suggesting that new taxes could soon be introduced on…

The Dangote Petroleum Refinery has announced another round of fuel price reductions, cutting the gantry prices of…

Nigeria may soon witness a fresh reduction in petrol prices, with marketers projecting that pump prices could fall…

The World Bank and the African Development Bank (AfDB) have announced a major milestone under Mission 300,…

The World Bank has warned that global natural gas markets are heading into a prolonged period of instability, with…

Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (petrol), slashing…

Global relief as US–Iran peace deal calms energy markets A newly announced peace agreement between the United…

Nigeria’s persistent electricity crisis continues to raise tough questions, even as the country benefits from…

Crude oil prices slid sharply on Monday, falling to around $83 per barrel after the United States and Iran signed a…

Nigeria’s natural gas sector recorded a modest but steady growth in May 2026, with average daily production rising…

Nigeria's expenditure on fuel imports dropped sharply in the first quarter of 2026, signaling a significant shift…

A global shift in energy strategy is underway as nuclear power stages a strong comeback, driven by rising concerns…

The price of petrol in Nigeria may soon see a major relief, with industry operators suggesting that Premium Motor…

West Africa’s fuel supply chain is undergoing a major shift as the ramp-up of the Dangote Petroleum Refinery…

Global oil prices fell sharply on Monday while stock markets surged after the United States and Iran announced a…

A major geopolitical shock has rippled through global markets after reports that the United States and Iran have…

Six fuel-laden vessels valued at approximately N279 billion have begun arriving at Nigerian ports, intensifying…

Global oil prices fell on Thursday after U.S. President Donald Trump signaled a possible breakthrough in tensions…

Nigeria’s liquefied natural gas (LNG) exports have recorded a major boost, surging by 57% to $3.38 billion in the…

Nigeria has recorded its strongest crude oil production performance in over a year, surpassing its Organisation of…

Nigeria’s oil production rose to an average of 1.53 million barrels per day (bpd) in May 2026, marking its highest…

The Dangote Petroleum Refinery may be set for another boost in the international aviation fuel market following…

Africa’s largest financial institution, Standard Bank Group, has thrown its weight behind the planned Dangote…

The Federal Government has set Friday, June 12, 2026, as the final deadline for the submission of technical and…