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…
NNPC confirms petrol price hike
The Nigerian National Petroleum Company (NNPC) Limited says it has adjusted the…
Fuel subsidy will end Nigeria if we don’t end it – Shettima
Vice President Kashim Shettima has said that the fuel subsidy regime needed…
Fuel subsidy removal: NNPC welcomes Tinubu’s decision
The Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited,…
Buhari Flags Off Resumption Of Oil Exploration Activities In Chad Basin
President Muhammadu Buhari Tuesday in Abuja flagged off the resumption of physical…
Dangote Refinery: Atiku congratulates Nigerians
Former Vice President Atiku Abubakar has congratulated Nigerians on today’s inauguration of…
Fuel subsidy: ‘Suspend disbursement of $800m loan to FG’ – SERAP tells World Bank
The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank…
Dangote to inaugurate Refinery, petrochemical company May 22
The multi-billion-dollar Dangote Refinery and Petrochemical company will be inaugurated in Lagos…
Why The Petroyuan Is Bad News For Americans
As the Chinese oil benchmark gets set for prime time, the US…
Europe Opens- Oil Rallies and Volatility Craters, as Risk On Lingers in the Markets
A risk on sentiment was present in the market as the European…
Euro Gains Versus the Dollar on Decreasing Volatility and climbing Yield Differential
On February 27th, a hotter than expected inflation number of 8.5% came…
Crude Oil Poised for Weekly Gains as China Demand Continues
Oil is set to post weekly gains if it can close the…
End of Day Market Report (02/17/2023)
Equities and Currencies The US dollar has had a lot of positive…
End of Day Market Report (02/13/2023)
As the markets opened on Monday 13th of February, 2023, the focus…
N761.6m Oil Fraud: EFCC Closes Case Against Nadabo Energy Boss
The Economic and Financial Crimes Commission (EFCC) on Monday closed its case,…
I’ll recharge Lake Chad, intensify oil search in Anambra, others – Tinubu
The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu,…
In Photos: Buhari flags off Kolmani oil development in Bauchi
President Muhammadu Buhari today flagged off Kolmani Oil Development in Bauchi State.…
Pinnacle oil, gas limited leveraged opportunities by establishing terminal in Lekki – Buhari
President Muhammadu Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in…
Sanusi calls for subsidy removal, dissolvement of NNPC
Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi…
Lawan labels oil thieves Nigeria’s biggest enemies
Ahmad Lawan, the Senate President has lamented oil theft, describing perpetrators as…
Fuel subsidy has consumed Nigeria’s resources – Ben Akabueze
Ben Akabueze, Director-General of the Federation's Budget Office, has condemned waste in…