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...
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Dangote’s People’s IPO and Petrol Prices the People Can’t Afford
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Naira Trades at ₦1,329/$ at Official Market, ₦1,390 in Parallel Market
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Naira trades at ₦1,321 per dollar as parallel-market rates remain higher
Oil and Gas
Former Cross River State governor and presidential candidate of Peoples Redemption Party, PRP, Donald Duke, has said Nigeria should supply crude oil for domestic...
Oil and Gas
Anthropic, the company behind Claude AI, has identified five cases in which users employed its artificial intelligence models for research that could potentially support...
Oil and Gas
Global oil prices have returned to $100 per barrel, reaching their highest level since July as escalating military conflict in the Middle East heightens...
News
The Nigeria Democratic Congress (NDC) has announced that it will participate in the 2027 general elections following a Court of Appeal judgment setting aside...
World
The US war with Iran has cost $45.1 billion, the Pentagon informed Congress on Friday, according to two sources familiar with the matter. The...
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,...
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,...
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...