Nigeria’s crude oil refining capacity has taken a significant hit, reducing to a mere 6,000 barrels per day, according to the latest Annual Statistical Bulletin from...
National Security Adviser Nuhu Ribadu Highlights Ongoing Challenges and the Government's Commitment
Oil prices rose slightly on Friday but remained on track for a second consecutive week of decline. This dip was primarily attributed to the strengthening of...
Challenges Emerge as Subsidies End, Forex Scarcity Persists
On Thursday, oil prices saw a modest decline in the face of disappointing economic indicators from major economies worldwide. Investors are holding their breath for U.S....
The Nigeria Extractive Industries Transparency Initiative (NEITI) disclosed on Wednesday that Nigeria has raked in revenue of $741.5 billion from the oil and gas sector and...
Iran’s oil exports have surged beyond initial budget projections to over 1.4 million barrels per day, according to a statement by Davoud Manzour, the head of...
The Tanita Security Services, a private security company owned by ex-Niger Delta agitator Government Ekpemupolo, popularly known as Tompolo has discovered a suspicious vessel loaded with...
Brent Crude Stalls Near $82.72 as Traders Await US Fed's Interest Rate Clue
Signs of tighter supplies and Chinese economic support buoy oil prices, while Western data adds to uncertainty