Oil Prices jump 6% in five days on geopolitical risks
Oil prices recorded strong weekly gains as escalating tensions in the Middle East, renewed security...
Oil & Gas
Russia halts diesel exports amid domestic shortage, market strains
Russia has imposed a ban on product producers, including diesel, marine fuel and gas oil. A...
FG gas intervention falters as cooking gas prices stay above N1,300/kg
The Federal Government’s emergency intervention to halt Nigeria’s cooking gas crisis has failed to deliver...
How NNPC’s $20bn gas deals fail to deliver 2 million bpd oil production target
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has yet to achieve its long-standing crude...
Beyond subsidy removal: How local refining is reshaping Nigeria’s fuel economy
Nigeria’s downstream petroleum industry is undergoing its most significant transformation in decades as expanding domestic...
How Nigeria’s oil shortfall puts 2026 budget under pressure, Naira stability
Nigeria’s crude oil production has climbed to its highest level in nearly a year,...
Oil Prices Slide to Four-month Low as Saudi, Iran Exports Rise
Global oil prices fell to their lowest levels in four months as rising crude exports...
Tinubu Orders Direct Remittance of Oil, Gas Revenues to Federation Account
President Bola Tinubu has signed a new Executive Order mandating the direct remittance of oil...
Oil Market Sees Weekly Drop in Prices as Supply Risks Ease
Global crude prices retreated during the week as easing geopolitical tensions reduced risk premiums...
NUPENG Under Fire, Loses Grip As NANS, Civil Rights Group, Others Push For Dangote’s Success ….Say Arrest Of Union Leaders Only Pathway To Peace
Nigerians from all walks of life have overwhelmingly backed Dangote Refinery’s 10,000 CNG truck initiative...
