Nigeria Tops OPEC Target Again As Oil Output Hits 6-year Peak
NIGERIA beat its OPEC target for June 2026, pumping more crude than it has in over six years and logging…
Oil & Gas
Continue reading
Chevron, NGIC Sign Pact to Enhance National Gas Network
Ebenezer Adurokiya, Reporting CHEVRON Nigeria Limited (CNL) and the Nigerian National Petroleum Company Limited’s (NNPCL) subsidiary, NNPC Gas Infrastructure Company…
Oil Prices Soar as US Strikes on Iran Reignite Middle East Tensions
OIL prices extended their rally today as fresh US military strikes on Iran thrust the Middle East crisis back into…
Dangote Refinery Slashes Petrol Price By N50, Fourth Cut In A Month
Juliet Oladele, Reporting DANGOTE Petroleum Refinery & Petrochemicals has announced yet another reduction in the ex-depot price of Premium Motor…
Crude Oil Theft: Lawmakers Push for Special Courts
THE House of Representatives Special Committee on Crude Oil Theft has renewed calls for the establishment of dedicated courts to…
Oil Falls For Third Straight Session As US-Iran Talks Progress
Juliet Oladele, Reporting OIL prices dropped by around one per cent on Thursday, marking their third consecutive decline, after Qatar…
Nigeria Surpasses OPEC Quota For First Time In 2026
Agorehmi Bright, Reporting PORT HARCOURT – Nigeria has surpassed its Organisation of Petroleum Exporting Countries (OPEC) production quota for the…
NNPC, TotalEnergies Extend AUSEA Methane Detection Partnership
Blessing Bello, Reporting NNPC Limited has signed a 24-month contract extension with TotalEnergies to continue deployment of advanced methane and…
Fuel Price Cut Delayed At Pumps Due To Supply Logistics
Juliet Oladele, Reporting THE RECENT reduction in the ex‑depot price of petrol by Dangote Refinery has yet to reach retail…
Oil Drops Under $80 As US-Iran Peace Deal Boosts Optimism
Juliet Oladele, Reporting OIL prices have fallen to a three-month low following optimism over the expected reopening of the Strait…