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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Expert Tasks Africa On Participation In Upstream Investment

Ms Funmi Ogbue, an oil and gas expert, has advised African countries to encourage more participants to invest in the upstream sector amidst divestments by the International Oil Companies (IOCs).

NNPCL records 214 oil thefts in one week in Niger Delta

The Nigerian National Petroleum Company Ltd. (NNPCL) says it has recorded at least 214 incidents of oil theft in the past week.

Why Tinubu reconstitutes NNPC Ltd Board, appoints new chairman…

By Dianabasi Effiong President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief...

Nigeria’s first deep-water exploration hits 1bn barrel oil export

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a one-billion-barrel oil export mark on Monday.

NNPCL debunks Warri refinery explosion rumours, sets record straight

The Nigerian National Petroleum Company Limited (NNPC) has vehemently denied reports of an explosion at the Warri Refining and Petrochemical Company (WRPC). The NNPC in...

HEDA unveils landmark report on petroleum environmental governance in Nigeria

The Human and Environmental Development Agenda (HEDA Resource Centre) has unveiled a new comprehensive report on petroleum environmental governance in Nigeria, providing a detailed...
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