Oil and Gas

Latest Oil and Gas News

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

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Petrol increases to N626.70 in August – NBS

The National Bureau of Statistics (NBS), says the average retail price of

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Nigeria’s refineries will never work – Obasanjo tackles Tinubu

Former President Olusegun Obasanjo has said that Nigeria's refineries will never work

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Fake RFQs being circulated in our name – Seplat Energy raises alarm

Indigenous oil and gas firm, Seplat Energy has urged the public to

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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

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Seplat Energy gives details of fatal rig accident in Delta

Nigerian independent oil and gas company, Seplat Energy has confirmed an incident

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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

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Commodities Trader Trafigura Makes Record Profit During Energy Crisis

Commodity trading Giant Trafigura reported record net profits of $5.5bn in the

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$XLE and Canadian Dollar Spreads Appear On Pullback In Crude Oil Market

Closes are important in chart information, therefore I do not neglect them

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NNPC confirms petrol price hike

The Nigerian National Petroleum Company (NNPC) Limited says it has adjusted the

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Fuel subsidy will end Nigeria if we don’t end it – Shettima

Vice President Kashim Shettima has said that the fuel subsidy regime needed

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Fuel subsidy removal: NNPC welcomes Tinubu’s decision

The Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited,

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Buhari Flags Off Resumption Of Oil Exploration Activities In Chad Basin

President Muhammadu Buhari Tuesday in Abuja flagged off the resumption of physical

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Dangote Refinery: Atiku congratulates Nigerians

Former Vice President Atiku Abubakar has congratulated Nigerians on today’s inauguration of

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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

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Dangote to inaugurate Refinery, petrochemical company May 22

The multi-billion-dollar Dangote Refinery and Petrochemical company will be inaugurated in Lagos

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Why The Petroyuan Is Bad News For Americans

As the Chinese oil benchmark gets set for prime time, the US

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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

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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

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Crude Oil Poised for Weekly Gains as China Demand Continues

Oil is set to post weekly gains if it can close the

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End of Day Market Report (02/17/2023)

Equities and Currencies The US dollar has had a lot of positive

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End of Day Market Review (02/16/2023)

Equities It was a volatile day for US equities as the day

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End of Day Market Report (02/13/2023)

As the markets opened on Monday 13th of February, 2023, the focus

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N761.6m Oil Fraud: EFCC Closes Case Against Nadabo Energy Boss

The Economic and Financial Crimes Commission (EFCC) on Monday closed its case,

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I’ll recharge Lake Chad, intensify oil search in Anambra, others – Tinubu

The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu,

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In Photos: Buhari flags off Kolmani oil development in Bauchi

President Muhammadu Buhari today flagged off Kolmani Oil Development in Bauchi State.

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Pinnacle oil, gas limited leveraged opportunities by establishing terminal in Lekki – Buhari

President Muhammadu Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in

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Sanusi calls for subsidy removal, dissolvement of NNPC

Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi

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Lawan labels oil thieves Nigeria’s biggest enemies

Ahmad Lawan, the Senate President has lamented oil theft, describing perpetrators as

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Fuel subsidy has consumed Nigeria’s resources – Ben Akabueze

Ben Akabueze, Director-General of the Federation's Budget Office, has condemned waste in

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