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The Nigerian National Petroleum Company Limited has signed a new Memorandum of Understanding with two Chinese companies in a strategic...
Global oil markets surged sharply on Thursday, with Brent crude climbing to a four-year high as fears intensify over a possible escalation in the ongoing...
Global oil prices jumped about 3% on Tuesday as the Iran war standoff between the United States and Iran showed no signs of easing, fuelling...
Former President Olusegun Obasanjo has again declared that Nigeria’s four state-owned refineries will never work, urging the federal government to stop wasting public funds on the...
Nigeria’s aviation sector is facing mounting pressure as a jet fuel crisis drives up operating costs for local airlines, even as the situation boosts profits...
The Ijaw Patriotic Movement has formally appealed to the Ijaw National Congress, the apex Ijaw socio-cultural body, to support its bid for a partnership with Tantita...
The Nigerian National Petroleum Company Limited has doubled crude oil deliveries to the Dangote Petroleum Refinery, raising supplies to 10 cargoes in March 2026, up from...
Amid escalating geopolitical tensions in the Middle East and rising global crude oil benchmarks, Dangote Petroleum Refinery has announced another increase in its gantry prices for...
Nigeria’s crude oil production has risen to 1.87 million barrels per day, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Commission’s Chief Executive, Oritsemeyiwa...
The Nigerian National Petroleum Company Limited has recorded the lifting of 950,000 barrels of Cawthorne Blend crude into the international market, marking the country’s first crude...