The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says recent reforms have unlocked over $10 billion in upstream oil and gas […]
Category: Oil and Gas
Nigerian Crude oil crash under $95/barrel on US ceasefire with Iran
Nigerian crude oil and major oil contracts crashed below $95 a barrel on Wednesday after Iran agreed to reopen the […]
Dangote refinery increases petrol to N1,275, diesel now N1,950
Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery […]
Eterna Plc posts N7.27bn profit, proposes dividend
Eterna Plc has recorded its audited results for the year ended Dec. 31, 2025, posting strong profit growth and improved […]
Crude oil price increases above $110 per barrel amid war
Brent crude oil prices have stayed above $110 a barrel on Tuesday amid the latest escalatory remarks by the United […]
Nigeria Oil, condensate reserves hit 37.01bn barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says crude oil and condensate reserves stand at 31.09 billion barrels and 5.92 billion barrels, […]
TotalEnergies records loss as revenue falls by 26% in 2025
TotalEnergies Marketing Nigeria Plc has recorded a 26 per cent drop in revenue to N767.63 billion for the year ended […]
NMDPRA seeks World Bank support for $22 billion gas infrastructure expansion
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has sought the support of the World Bank to help Nigeria bridge […]
Yobe Records Highest As Petrol Price Surges By 1.62% – Report
The National Bureau of Statistics (NBS) has disclosed that the average retail price of Premium Motor Spirit (petrol) rose slightly to ₦1,051.47 […]
Russia defies US sanctions on Cuba with fuel shipment
Russian Energy Minister Sergei Tsivilev has confirmed that Moscow is sending fuel shipments to Cuba in defiance of the recent […]