Oil & gas

Train Commercial Divers For Maritime, Oil Sectors, Stakeholders Urge A’Ibom Govt

By Dianabasi Effiong Stakeholders in the oil and gas and blue economy sectors have called on the Akwa Ibom State Government to take deliberate steps to develop a pool of...

Oil prices drop after US, Iran pause fighting over weekend

Oil prices tumbled more than 5% on Monday after the U.S. and Iran paused strikes over the...

Shock as Fuel Price Drop in Nigeria After Dangote Refinery Move

Petrol prices have dropped across Nigeria after marketers reduced pump rates following Dangote Refinery’s cut in its petrol...

Africa’s largest Bank backs Dangote refinery IPO

Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries...

Why Nigeria, UAE’s non-oil trade hit $5bn in 2025

Non-oil trade between Nigeria and the United Arab Emirates (UAE) increased to $5 billion in 2025. A statement signed...
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Tinubu lauds Dangote for reducing diesel price by 60%

President Bola Tinubu has commended Dangote Oil and Gas Limited in reducing the pump price of Automotive Gas Oil (AGO), also known as diesel.  The...

Nigerians face difficulty in purchase of cooking gas as prices soar

The scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has spread across several Nigerian cities, with residents of Lagos, Ogun, Ibadan,...

NNPCL-facilitated Afreximbank $3.3bln crude oil pre-payment loan to address nation’s FX challenges – Soneye

The Nigerian National Petroleum Company Limited (NNPCL) has explained the rationale for its intervention in the $3.3 billion crude oil pre-payment loan it signed...

Army arrest 12 over alleged oil bunkering in Port Harcourt

The Nigerian Army says it has arrested 12 persons over alleged oil bunkering in Port Harcourt.

HEDA demands transparency in $16.6bn oil and gas investments

Lagos, May 26, 2024 - The Human and Environmental Development Agenda (HEDA Resource Centre) has expressed concern regarding the notable lack of transparency and...

FG Assures Of Affordable Energy For Nigerians

Minister of State for Petroleum Resources, Chief Timipre Sylva, has assured of Federal Government’s commitment to ensure affordable cost of energy for Nigerians.
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