Oil windfall may fade as World Bank sees Brent falling to $79 in 2027
Oil windfall could weaken next year as the World Bank expects Brent crude prices to...
Oil & Gas
FG advances $100m gas pipeline to cut South-East industrial energy costs
The Federal Government is advancing plans for a $100 million gas pipeline across five...
NNPC moves to close governance gaps ahead of IPO as H1 profit falls 35%
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is working to close financial reporting...
Fuel discount faces reach test as marketers seek 60-day extension
The Federal Government’s 30-day petrol discount scheme is facing calls for a wider rollout...
Dangote Refinery swings to $4.7bn profit as cash reserves hit $6.7bn
Dangote Petroleum Refinery and Petrochemicals has swung from a loss to a $4.73 billion net...
Oil rebounds above $106 as Ukraine truce doubts revive supply fears
Global oil prices rebounded on Monday as doubts over a proposed Russia-Ukraine energy ceasefire revived...
Oil sector local content hits 61% as Nigeria targets export-ready companies
Nigeria’s local content level in the oil and gas industry has risen from about...
Nigeria courts $50bn oil investment as Pertamina eyes offshore assets
Nigeria is stepping up efforts to attract a new wave of oil and gas investment,...
Nigeria captures 38% of Africa’s upstream investment
Nigeria is emerging as Africa’s leading destination for upstream oil and gas capital, accounting for...
OPEC+ holds November output as Nigeria sustains crude production gains
OPEC+ has paused further increases in crude oil supply for November, keeping production requirements for...
