The Nigerian National Petroleum Company (NNPC) Limited has once again increased the price of Premium Motor Spirit (PMS) from N855 per litre on Tuesday to N897...
Aliko Dangote has officially announced the commencement of petrol production at the Dangote Refinery. During a press presentation on Tuesday, the billionaire thanked President Bola Ahmed...
The Nigerian National Petroleum Corporation Limited (NNPCL) has increased the pump price to N855 per litre following reports that the corporation owes $6 billion and is...
Oil prices stabilised on Monday as Libyan oil exports remained halted and following losses at the end of last week on expectations of higher OPEC+ production...
Nigeria and Germany are set to surpass $500 million in energy deals in 2024 with both nations looking to break last year’s record in renewable energy...
Oil prices fell for the fifth consecutive session on Thursday, driven down by persistent concerns over global demand despite a recent decline in U.S. fuel inventories....
Oil prices fell to a two-week low on Tuesday as easing tensions in the Middle East and weakening economic indicators from China influenced global crude values....
The cost of petrol subsidies in Nigeria has surged to an unprecedented N15.1 trillion under President Bola Tinubu’s administration, eclipsing the total expenditure of his predecessor,...
The Independent Petroleum Producers Group (IPPG) has raised concerns over recent attempts to compel oil producers to supply crude to the Dangote Refinery and other local...
The Federal Government of Nigeria has announced that it will begin selling crude oil to the Dangote Refinery in naira, effective from October 1, 2024. This...
