Nigerian Crude Hits $68 as Iran-Israel Tensions Lift Oil Prices
Samuel Mobolaji Nigerian crude settled near $68 a barrel on Wednesday as geopolitical concerns surrounding...
Oil & Gas
FID on $25bn Nigeria-Morocco Gas Pipeline Expected by Year-end
Samuel Mobolaji The Final Investment Decision (FID) on the $ 25 billion Nigeria-Morocco Gas Pipeline...
NNPCL Resume Oil Drilling Operations in Northern Nigeria
The National Petroleum Corporation Limited (NNPCL), under its new leadership, has confirmed the resumption of...
ExxonMobil Targets $1.5 billion Deepwater Investment in Nigeria
ExxonMobil is raring to complete the process that will formalise a new $1.5 billion deepwater investment...
OPEC+ Output Hike Prompts oil Price cuts by Goldman, Morgan Stanley
Samuel Mobolaji Goldman Sachs has reduced its oil price forecast following decisions by the Organisation...
PETROAN Backs Import Ban, Warns Against Economic Disruption
Samuel Mobolaji The Petroleum Products Retail Owners Association of Nigeria (PETROAN) has expressed support for...
Oil Price Crash Threatens N30trn Deficit, Sinks Naira Past N1,600
Samuel Mobolaji Nigeria faces mounting economic risks as Brent crude prices slid below $60 per...
OPEC+ to Further Speed Up oil Output Hikes, Sources Say
OPEC+ will accelerate oil output hikes and could bring back to the market as...
Economic Boost: Non-Oil Exports Hit Historic High of $1.79 Billion, Up 24.75% in Q1 2025
Nigeria’s non-oil export sector recorded a historic 24.75% surge in the first quarter of...
PETROAN Urges Better Welfare, Health Cover for Oil Workers
Samuel Mobolaji The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has extended its warm...
