Category: Oil and Gas

Nigeria’s crude oil production rise to 1.28m/b in April – OPEC

The Organization of Petroleum Exporting Countries monthly oil market report has revealed that Nigeria’s average...

Shell probes smoke near Bayelsa oil facility

Shell is investigating reports of smoke and explosions that occurred in the vicinity of its...

Nigerian crude dips to $86.5 per barrel as global demand weakens

Nigeria’s crude oil prices experienced a slight dip to $86.53 per barrel, while maintaining their...

9,000 marketers may lose licences – IPMAN

Over 9,000 oil marketing companies are in danger of losing their operating licences as Nigeria...

Israel-Iran tension cause of fuel shortage – IPMAN

The National Secretary of the Independent Petroleum Marketers Association of Nigeria, James Tor, has said...

Dangote refinery to get valid operating licence – FG

The Federal Government has announced that it is ready to issue a fully valid operating...

Forex shortage delays crude supplies to Dangote refinery

The Chinese state energy giant PetroChina has been holding a cargo of US crude oil...

Dangote refinery to start petrol supply in Q4 – S&P analyst

Analyst at the Standard Poor’s’ Global Commodities Insights, Kelly Norway, has said that contrary to...

Price slash: Dangote denies ‘mischievous’ high sulphur diesel narrative

The Management of Dangote Industries Limited has denied the online report on the sulphur content...

NNPC, firm target 20,000bpd at Bayelsa oil field

The Nigerian National Petroleum Company Limited has announced the commencement of oil production from Madu...

Oil prices surged as Israel-Iran conflict escalate

Brent crude has soared to over $90 per barrel, up from $87 amid the crisis...

$3.8bn Brass methanol project to be executed in May – Minister

The Federal Government announced recently that the Gas Supply and Purchase Agreement to support the...

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