NNPCL Resume Oil Drilling Operations in Northern Nigeria
The National Petroleum Corporation Limited (NNPCL), under its new leadership, has confirmed the resumption of...
Oil & Gas
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...
Nigeria’s Oil Export Market Struggles as Unsold Cargoes Mount
Samuel Mobolaji Nigeria’s oil-dependent economy is facing renewed pressure as a large volume of its...
Oil Prices Stage Recovery on New Iran Sanctions, Equities Rally
Oil prices rose more than $1 per barrel on Tuesday as new U.S. sanctions against...
