FG approves Shell’s $2.4bn onshore assets sale
Renaissance Africa Energy Company Limited has announced that it has received ministerial…
US sanctions disrupt Iran’s crude exports to China – Report
Iran's crude exports to China have faced disruptions due to US sanctions…
IEA warns of oil surplus in 2025 despite OPEC+ delay
The International Energy Agency has said that the global oil markets will…
OPEC+ delays plans to ease crude production cuts
OPEC+ has postponed plans to ease its formal and voluntary crude production…
TotalEnergies proposes measures to revive Nigeria’s oil sector
Multinational energy giant, TotalEnergies outlined five key proposals on Tuesday to help…
Nigeria’s crude output rises over 1m barrels daily
Nigeria's crude oil production rose by 35,000 barrels per day in October,…
Saudi Aramco records 15% profit drops in 2024 Q3
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third…
Oil industry stakeholders explore opportunities from IOC divestments
Indigenous Nigerian oil and gas operators are advocating for enhanced infrastructure and…
Rep advocates local refiners inclusion in petroleum production
The House of Representatives has urged the Federal Government to create a…
Nigeria’s oil production drops 30,000b Sept – OPEC
Nigeria's average crude oil production in September dropped by 33,000 barrels to…
Petrol prices could fall as marketers buy from Dangote – IPMAN
The National Secretary of the Independent Petroleum Marketers Association of Nigeria, James…
Marketers to begin direct purchases of petrol from Dangote refinery
In a significant shift within Nigeria's oil sector, major oil marketers are…