NUPRC has threatened sanctions for oil firms deliberately failing to meet domestic crude supply obligations to refineries.

As Donald Trump assumed office as the 46th President of the United States of America, the entire global economy is already feeling ...

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, have reaffirmed commitments to monitor ...

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have reaffirmed commitments to monitor ...

Nigeria, Africa’s biggest oil producer, has set a target of boosting daily production by 2.7 million barrels of crude and condensate ...

The Federal Government's Naira-to-crude initiative, aimed at bolstering domestic refining capacity has been marred by inconsistent execution, causing local refineries ...

Exactly 34 days after President Bola Ahmed Tinubu presented Nigeria’s 2025 Appropriation Bill (on December 18, 2024) to the joint session of the National Assembly, Donald J. Trump was inaugurated as ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

The Dangote Refinery has slashed its ex-depot price for premium motor spirit (PMS), better known as petrol, from ₦950 per litre to ₦890.

OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...

ShareAn oil and gas analyst, Helen Ugbudaga, has said that the call by the United States President, Donald Trump, for a reduction in global oil prices will have great implications for Nigeria’s ...