Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel...
Nigeria’s Compressed Natural Gas (CNG) push has received a boost as a partnership between a private firm and the Federal Government through the Midstream and Downstream...
Shareholders of Nigerian Exchange Group Plc (NGX Group) have commended the Board and Management for the Group’s performance and strategic direction, urging continued focus on growth...
Sierra Leone has announced the signing of a petroleum licence agreement with Nigeria‑based Marginal Energy Limited, granting the company offshore exploration and production rights as the...
NASCON Allied Industries Plc has rewarded its shareholders with a historic 200 per cent increase in dividend payout, underscoring a remarkable financial performance that saw profit...
Rising global demand for aviation fuel and expanding refining capacity for jet fuel have pumped exports from the Dangote Petroleum Refinery and Petrochemicals (DPRP), up by...
With Aviation Kerosene (Jet A1) price persistently skyrocketing of late, Nigerian airlines have been forced to prune down their operations. The airlines claim that the continuous...
One of Nigeria’s domestic refineries, Waltersmith Petroman Oil Limited, has marked a major milestone in the drive for local energy self-sufficiency, with the successful expansion of...
President of the Dangote Group, Aliko Dangote, has announced that the expansion of the Dangote Refinery to a production capacity of 1.4 million barrels per day...
Alleging unbearable and unsustainable aviation fuel prices, domestic operators have set Thursday, April 30, 2026 as the shutdown date of local flights in Nigeria. According to...