Nigeria has moved into the commercial stage of its 2025 oil licensing round as qualified investors compete for 50 exploration blocks expected to attract approximately $10...
Crude oil prices declined on Tuesday as reports of a proposed ceasefire between the United States and Iran reduced immediate concerns about further disruption to Middle...
Crude oil prices advanced by about 3 percent on Monday as escalating military exchanges between the United States and Iran intensified concerns over supplies passing through...
Crude oil prices advanced on Friday and were positioned for their strongest weekly performance in months as renewed fighting between the United States and Iran revived...
Crude oil prices extended their rally on Wednesday as renewed hostilities between the United States and Iran disrupted the recovery in Middle East exports and forced...
Global oil prices surged at the start of the week after renewed hostilities between the United States and Iran heightened fears of supply disruptions in the...
Nigeria’s crude oil industry extended its recovery in June 2026 as the country produced above its crude oil production allocation set by the Organisation of the...
Nigeria’s crude oil production is set to receive a significant boost as ExxonMobil resumes deepwater drilling operations with a $1 billion investment in the Usan field....
Dangote Industries Limited has commenced preliminary development activities for its planned 700,000-barrel-per-day oil refinery in Kenya. The project, which will be located in Lamu on Kenya’s...
Oil prices extended their rally on Thursday with Brent crude oil climbing above $78 per barrel as renewed geopolitical tensions in the Middle East reignited concerns...
