How NNPC Ltd. uncovers 165 illegal refineries
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has uncovered 165 illegal refineries in various locations across the Niger Delta in a...
Gaza ceasefire halts the oil price rally
Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the...
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...
Christmas/New Year Holidays: Dangote reduces PMS price to N899.50k
Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for...
Why Bonny Light trades 8% higher in January
Nigeria’s crude grade, Bonny Light traded 8.3 per cent higher in January; statistics from the Organisation of the Petroleum Exporting Countries have shown.
OPEC’s MOMR...
Oil Prices Drop on Trump’s First Day in Office
On his first day in office, US President Donald Trump signed an executive order to withdraw from the Paris Climate Agreement and instructed the...
