Reports that Iran has shut the strategic Strait of Hormuz, a strategic international shipping route again has sparked fresh concerns over global oil prices. This latest...
British Prime Minister Keir Starmer announced his resignation on Monday after less than two years in office, in a term characterised by policy U-turns and deep...
Despite persistent Liquefied Petroleum Gas (LPG) prices and persistent concerns over domestic energy shortages, Nigeria flared approximately 76.92 billion standard cubic feet of natural gas between...
Nigeria imported crude oil worth $1.39bn in the first quarter of 2026, highlighting a major shift in the country’s petroleum trade dynamics as the Dangote Petroleum...
Osun State Governor, Senator Ademola Adeleke has expressed the state government’s desire to tap into the National Halal Economic Strategy (NHES) of the Federal Government. According...
Nigerian fuel marketers are increasingly importing refined petroleum products originating from the Dangote Petroleum Refinery through the offshore ship-to-ship trading hub in Lome, Togo, according to...
A call has gone to the stakeholders in Nigeria’s oil and gas sector to reduce their ex-depot and retail pump prices in line with the current...
Nigeria’s petrol imports rose sharply in May 2026, increasing by 59.5 percent month-on-month despite stronger production from domestic refineries led by the Dangote Petroleum Refinery and...
The Senate Committee on Petroleum Sector has vowed to end the existing jurisdictional regulatory conflict between the Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA) and...
Global oil market disruptions occasioned by the closure of the Strait of Hormuz amid tensions involving the United States and Iran cost Nigeria’s domestic airlines operators...
