On Tuesday, renewed escalation of the conflict between the United States and Iran pressured oil prices to over $94/barrel. Current hostilities which witnessed American air strikes...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that 172 Host Communities Development Trusts (HCDTs) have so far been incorporated by oil and gas companies...
Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that crude oil imports by domestic refineries rose by 151.5 percent to 5.13 million...
Dangote Petroleum Refinery and Petrochemicals FZE has increased the gantry price of Premium Motor Spirit (petrol) from N1,185 to N1,200 per litre, effective August 26, 2026....
The 31 companies that emerged winners of 37 oil and gas blocks in the 2025 Licensing Round must pay their signature bonuses within the stipulated period...
Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Company Limited and CNL Joint Venture, has stressed the importance of strengthening the regulatory framework in...
Nigeria has mined over 4.6 billion barrels of crude oil from deep offshore assets worth over 5,000 tankers. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), revealed...
Brent crude closed above $90 per barrel on Monday as Iran threatened to launch a military offensive in the Strait of Hormuz if diplomatic efforts to...
A call has been made for stronger collaboration among government, the private sector and other industry stakeholders to maximise the economic and industrial opportunities presented by...
The United Arab Emirates’ state-owned oil giant ADNOC said Saturday one of its vessels came under attack in the Hormuz strait, the latest incident in the...
