Nigeria launches new fiscal incentives to revitalise oil & gas sector, eyes $10bn investments
… as FG endorses consolidated guidelines Today, in a move to further…
Diesel: Tinubu commends Dangote Group over reduction of gantry price
President Bola Tinubu has commended Dangote Oil and Gas Limited for reducing…
Oil Rally’s $6 As War Escalations Continue. Here’s What Could Happen Next
Over the course of the last 2 weeks, the price of the…
PHOTOS: Nigerian Navy uncovers, destroys two illegal refining sites laden with 75,000 litres in Bayelsa
The Nigerian Navy has said that its Forward Operating Base Formoso discovered…
Navy uncovers 16 illegal refineries with 9.6million litres refining capacity in Rivers
The Nigerian Navy says it has uncovered and dismantled 16 illegal refineries…
Oil Fundamentals Begin To Align With Bullish Spread Close On $WTI And $BRENT
After a long time spent in doubt, it is becoming apparent to…
Yahoo Finance Oil Stock Picks Continue To Rally As Oil Gains 1.47% On The Day
The S&P 500 $SPX fell about 0.3% Monday, while the the Dow…
Yahoo Finance’s Best Oil Stocks To Buy In 2024 Soar On Record Oil Profits
In late January 2024, Yahoo Finance published an article about their views…
Tinubu signs executive orders on oil and gas reforms
President Bola Tinubu has executed policy directives to improve the investment climate…
SERAP gives NNPCL seven days to account for ‘missing $2.04bn, N164bn oil revenues’
The Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Mele Kolo…
Oil theft: Police arrest 40 suspects, recover 2 vessels, prepare economic sabotage charges
The Nigeria Police Force has confirmed the arrest of 40 suspected oil…
Nigeria ‘Loses’ As Tinubu Returns OPL 245 To Shell-Eni, Secures Lucrative Deal For Oando Run By Nephew
President Bola Tinubu has restored the ownership of OPL 245 to European…
Atiku: NNPCL should’ve privatised refineries before rehabilitation to avoid debt
Former Vice President Atiku Abubakar has said that the Nigerian National Petroleum…
Nigeria’s economy troubled, Dangote Refinery can help – Peter Obi
Former presidential candidate, Peter Obi has expressed confidence that Dangote Refinery would…
SERAP challenges NNPC to disclose Nigeria’s daily oil export
The Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Mele Kolo…
Nigeria-Saudi Oil Pact: A triumph for technological progress – FG
The Federal Government has signed a Memorandum of Understanding (MoU) with Saudi…
Military destroys 96 illegal refining sites, arrests 57 suspects
Troops of “Operation Delta Safe’’ uncovered and destroyed 96 illegal refining sites…
Mobil withdraws suit following presidential policy directive strengthening NUPRC’s powers
Mobil Producing Nigeria Unlimited, on Wednesday, withdrew the suit it filed against…
FG to increase crude oil output to 2m bpd by December
The Federal Government says it is targeting to increase crude oil production…
PIA: NUPRC grants first petroleum exploration licence
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in compliance with provisions of…
FG no longer paying fuel subsidy – NNPC boss
The Federal Government is no longer paying subsidy on Petroleum Motor Spirit…
OVH Energy: Reps c’ttee investigating ‘fraudulent’ NNPC acquisition set to lay report
The House of Representatives ad hoc committee investigating the alleged fraudulent acquisition…
Petrol increases to N626.70 in August – NBS
The National Bureau of Statistics (NBS), says the average retail price of…
Nigeria’s refineries will never work – Obasanjo tackles Tinubu
Former President Olusegun Obasanjo has said that Nigeria's refineries will never work…
Fake RFQs being circulated in our name – Seplat Energy raises alarm
Indigenous oil and gas firm, Seplat Energy has urged the public to…
Illegal crude oil connection where Nigeria loses $7.2m monthly discovered in Abia
An oil theft situation assessment delegation deployed in the Niger Delta by…
Seplat Energy gives details of fatal rig accident in Delta
Nigerian independent oil and gas company, Seplat Energy has confirmed an incident…
WTI Rallies After Big Crude Draw; Biden Admin Drains SPR For 13th Week In A Row
Oil prices on the benchmarks, $WTI and $BRENT slipped to the lower-end…
Commodities Trader Trafigura Makes Record Profit During Energy Crisis
Commodity trading Giant Trafigura reported record net profits of $5.5bn in the…
$XLE and Canadian Dollar Spreads Appear On Pullback In Crude Oil Market
Closes are important in chart information, therefore I do not neglect them…