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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NNPC accuses economic saboteurs for Buguma Wellhead fire

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has accused pipeline vandalism of causing the recent fire outbreak at Buguma Wellhead 008. The Chief Corporate...

Sterling Oil launches global sustainability campaign in collaboration with NAEC

Sterling Oil Exploration & Energy Production Company (SEEPCO) has launched an ESG Flagship Sustainability Campaign aimed at amplifying industry-wide efforts toward responsible energy production,...

NNPCL-AITEO joint venture launches Nembe crude oil grade at London Argus European crude conference

The NNPC-Aiteo OML 29 Joint Venture (JV) took centre stage at the ongoing Argus European Crude Conference in London when it announced the introduction of the Nembe Crude Oil Grade to the market.

Shell Nigeria, partners paid $142m to NDDC in 2023

Lagos, May 30, 2024 – A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell...

Viva Jets joins African Energy Week (AEW) 2025 as gold partner…

Viva Jets, Nigeria’s premier business aviation company and subsidiary of Falcon Aerospace Limited, will participate as a Gold Partner at African Energy Week (AEW):...

Fuel pump price up to N617 per litre

The Price of Petroleum Motor Spirit (PMS), otherwise known as petrol or fuel, has increased to about N617 per litre across filling stations.
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