New concerns have emerged that disruption to one of the world’s most critical oil routes might continue, as Iran has laid terms of reopening the Strait...
With the Middle East Crisis defined by the US-Iran faceoff creating major disruptions to global oil markets, Nigeria has become the source of stabilising the Indian...
Accounts for 20% of Europe’s jet fuel imports, reinforcing its position as a major force in global aviation fuel trade The Dangote Petroleum Refinery & Petrochemicals...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed that the United States, Europe and countries in the Middle East are increasingly seeking...
Dangote Petroleum Refinery exported about 466,000 metric tonnes of jet fuel to Europe in June, valued at an estimated N757bn, overtaking shipments from the United States...
A new round of escalating strikes between Iran and the US continued yesterday, further undermining the fragile interim peace agreement between the two countries, and prompting...
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...
The peace deal between the United States and Iran over the Strait of Hormuz might cost Nigeria dearly in oil revenues. Nigeria’s oil earnings recorded an...
OPEC oil output in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran’s exports and...
After the United States carried out what it described as defensive strikes in southern Iran, which put fresh question marks over the fragile ceasefire and ongoing...
