Oil prices declined on Monday as renewed concerns over U.S. trade tariffs and expectations of rising output from OPEC+ weighed on market sentiment. Brent crude oil,...
Oil prices surged on Thursday with Brent crude rising 3.2% to $67.96 a barrel and U.S. West Texas Intermediate (WTI) crude up 3.54% to $64.68 a...
Abia State Governor Dr. Alex Otti has approved the establishment of a 10-megawatt Independent Power Plant (IPP) at Abia State University (ABSU), Uturu. The project is...
The Nigerian Upstream Petroleum Regulatory Commission has recorded official petroleum reserves of 37.28 billion barrels of crude oil and condensate, along with 210.54 trillion cubic feet...
The government of Ghana has taken control of the Damang mine operated by Gold Fields Ltd. after rejecting the company’s application to extend its 30-year lease....
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit to N835 per litre following a decline in global crude oil...
South Africa’s benchmark stock index extended gains for a fifth consecutive session on Wednesday as soaring gold prices pushed precious metals miners to multi-year highs. The...
Global oil prices declined on Tuesday as concerns over weakening demand and ongoing trade tensions between the United States and China weighed on market sentiment. Brent...
The Oil Palm Growers Association of Nigeria (OPGAN) has launched a comprehensive strategic plan aimed at bridging Nigeria’s 1.9 million metric tonnes palm oil supply gap...
Nigeria has recorded a decline in petrol imports as local refineries increase production capacity. According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), daily...
