News

Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...
Owners of crude oil refineries in Nigeria have lamented poor crude oil supply to run their businesses as producers prefer ...
The Technical Committee of the OSS for the sale of crude oil and refined petroleum products in naira has strengthened ties ...
The energy trilemma, a concept developed by the World Energy Council, describes the three competing challenges in the energy ...
Dangote has described his $20bn refinery as Tinubu’s brainchild, linking it to Lekki Zone creation and naira-for-crude policy ...
deepened our upstream portfolio, resulting in our assumption of operatorship of the OML 60–63 series and the doubling of our working interest in the assets from 20% to 40%, as well as our 2P reserves ...
The East African Crude Oil Pipeline , stretching 1,443 kilometres from Uganda to the Tanzanian port of Tanga, has passed the 60 percent completion mark, marking a significant step forward in one of ...
crude oil is a naturally occurring fossil fuel that has been the cornerstone of modern industry for over a century.
Vice President Shettima has said Tinubu is committed to reviving Nigeria’s cocoa industry, shifting Nigeria from production ...
He urged Vitol to deepen its engagement with Nigeria, leveraging its global reach and technical expertise to advance ...
Crude oil shipping routes remain central to the global energy supply chain, moving millions of barrels of oil daily from ...
As the global energy landscape pivots toward sustainability and decarbonization, Nigeria stands at a critical juncture. With ...