The Federal Government has granted a license for the establishment of the Belema Sweet Export Terminal, marking a significant achievement for the nation.
Nigeria, Africa's largest crude oil producer, generated N5.14 trillion in revenue from crude oil in the first quarter (Q1) of 2023.
Russian crude supply and disappointing chinese economic data further weigh on the market
Global oil prices extended their decline on Friday as concerns over China slowing demand for the commodity and the United States-Iran nuclear deal continue to weigh...
The oil market faces a potential massive shortfall as Saudi Arabia's surprise decision to deepen output cuts overrides concerns over Chinese export data and growing US...
Global oil prices appreciated on Monday morning following Saudi Arabia's announcement that it will cut crude oil production by 1 million barrels per day (bpd) from...
Global oil prices appreciated on Friday after the United States lawmakers voted to have the country's debt ceiling suspended for the next two years.
Oil prices declined by 2% on Wednesday as weak Chinese data and a stronger United States dollar dragged on commodity prices.
The Nigerian National Petroleum Corporation Limited (NNPCL) on Wednesday confirmed it has indeed increased the price of petrol across the country.
Mele Kyari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has revealed that the federal government still owes the firm...
