Oil Prices Rise on Stronger US Demand, Peace Talks in Focus
Samuel Mobolaji Oil prices edged higher on Wednesday as stronger US demand data and ongoing...
Oil & Gas
Nigeria Deepens $25bn Gas Network as Africa Confronts $170bn Infrastructure Gap
Samuel Mobolaji Nigeria is pressing ahead with a $25 billion cross-border gas pipeline project as...
Dangote Refinery’s Direct Petrol Distribution Yet To Begin
… Marketers jittery, convene emergency meeting Despite the much-anticipated rollout of Dangote Refinery’s direct distribution...
Bonny Light Rises to $70.25 Despite Global Oil Price Decline
Nigeria’s Bonny Light crude rose to $70.25 per barrel this week, defying a broader decline...
Finance Ministry Denies Collapse of Proposed $5bn Oil-backed Loan
The Federal Ministry of Finance has firmly dismissed reports claiming the collapse of a proposed...
OPEC Output Hike To Stay Till July
The global oil market is keeping a close eye on the Organization of Petroleum...
Marketers Engage Global Suppliers To Crash Petrol Price To N700/Litre
Key petroleum products marketers in Nigeria have reportedly struck a deal with notable global gasoline...
Nigeria Issues Upstream Executive Order, Prioritizing High Returns for Oil & Gas Operators
…The executive order introduces performance-based tax incentives for upstream operators Nigerian President Bola Ahmed Tinubu...
Naira Faces Pressure as OPEC+ Raises Output by 411,000 Barrels Daily
Samuel Mobolaji The naira may come under renewed pressure as the Organisation of the Petroleum...
Dangote Refinery Sustains U.S Crude Purchase with 5 million Barrels
Samuel Mobolaji To sustain refining operations, the Dangote oil refinery has placed an import...
