Oil and Gas
Dangote Petroleum Refinery has hiked its Premium Motor Spirit (PMS) gantry price by N100 per litre, lifting the ex-depot rate from N774 to N874,...
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Oil and Gas
Dangote Petroleum Refinery has raised its gantry price for Premium Motor Spirit (PMS), otherwise known as petrol, to N1,175 per litre, marking the third...
Oil and Gas
Global oil prices surged close to $120 per barrel on Monday following Iran’s appointment of Mojtaba Khamenei as its new Supreme Leader, before retreating...
Oil and Gas
The Dangote Petroleum Refinery has increased its Premium Motor Spirit gantry price to N995 per litre, marking a sharp N221 rise within four days,...
Tech
Lagos State Commissioner of Police, CP Jimoh Olohundare, announced that motorists in the state are now prohibited from covering their vehicle number plates. He...
Tech
In celebration of International Women’s Day (IWD) 2026, Techeconomy, a leading business news platform in Nigeria, has unveiled its “100 Women Shaping the Future:...
Oil and Gas
Nigeria’s Bonny Light crude has surged to $80 per barrel from $70, its highest since July 2025, following U.S.-Israel military strikes on Iran that...
Oil and Gas
Saudi Aramco has suspended operations at its massive Ras Tanura refinery on the Persian Gulf following a drone strike, as Iranian retaliation intensifies against...
News
Bayo Ojulari, Group Chief Executive Officer of NNPC Limited, has said the corporation lacks the capacity to run a refinery, describing the reoperationalisation of...
Oil and Gas
Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s crude oil production, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per...
Oil and Gas
President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited to the...
Oil and Gas
A French court has ruled that oil and gas multinational TotalEnergies engaged in misleading commercial practices by overstating its climate pledges, marking what environmental...