Oil prices were mixed in the international market on Monday amid hopes of stronger demand backed by higher factory activity in China as concerns emerged that...
The Port Harcourt Refinery Company (PHRC), which began operations some days ago has suffered a major technical setback leading to the scaling down of operations, as...
The Nigerian Army has stepped up its efforts to combat illicit refining and oil theft in the Niger Delta region, dismantling over 56 illegal oil bunkering...
The expectation of the Federal Government of Nigeria clinching a daily crude oil output of 2 million barrels per day by the end of December 2024...
The Nigerian National Petroleum Corporation Limited (NNPCL) has responded to Timothy Mgbere, an Alesa community leader in Rivers State, who accused the petroleum company of misleading...
Oil prices edged lower on Friday extending pressures from the week due to easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of...
Oil prices gained on Thursday after Israel and Lebanese armed group Hezbollah traded accusations that their ceasefire had been violated as the US Thanksgiving holiday limited...
Oil prices slid marginally on Wednesday, fuelled by a surprise build in US petroleum stocks and worries about US interest rate cuts next year as the...
Dangote Refinery has stated that its Premium Motor Spirit popularly known as petrol is of the highest quality. Dangote Refinery appears to be reacting to the...
Oil prices settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium and easing some tensions in the Middle...
