Oil marketers in Nigeria have alleged that the Dangote 650,000 barrels per day Lagos-based refinery has been snubbing them on their demand to directly lift its...
By Rania Gule Senior Market Analyst Gold prices dropped sharply yesterday, starting Wednesday’s trading at $2,617 after a strong U.S. jobs report boosted expectations that the...
The Federal Government has approved the decision of airline operators in Nigeria to purchase Jet A1 fuels from Dangote Refinery only. In an interview monitored by...
Oil prices dipped more than 4 percent on Tuesday following the news of a possible ceasefire between Hezbollah and Israel. Brent crude, the international benchmark for...
Increased risk of a region-wide Middle East war continued to push oil prices higher on Monday as Brent crude oil rose by $2.88, or 3.7 percent...
The federal government has announced that the Nigerian National Petroleum Corporation (NNPC) will begin supplying crude oil in Naira to the Dangote Petroleum Refinery within the...
Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the threat of a wider war in the Middle...
Oil surged as markets braced for the possibility that Israel could strike Iran’s energy industry, the latest potential escalation of a conflict that began almost one...
Oil prices gained $3 on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows with Israel reportedly...
The Federal Government has unveiled six indigenous gas companies eligible for the N122 billion equity participation program under the Midstream Downstream Gas Infrastructure Fund (MDGIF). According...