UAE Says Exit from OPEC Driven by National Interests, Not Saudi Rift
The United Arab Emirates has defended its decision to withdraw from the Saudi Arabiaβdominated OPEC, insisting the move was based on national priorities rather...
Dangote Responds to Refinery Financing Reports, Denies Fallout
The Dangote Group has dismissed a viral report alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu and financed the Dangote Petroleum...
Lagos Receives Five Fuel Tankers as Shortage Fears Grow
Lagos ports have received five fuel vessels carrying a total of 95,000 metric tonnes of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO),...
Petrol Sells Above N1,330 Despite Dangote Price Cut
Despite the recent reduction in the gantry price of Dangote Petroleum Refinery petrol from N1,275 to N1,200 per litre, oil marketers in Lagos continue...
Shell Profit Rises 11% Despite Lower Energy Prices
Shell on Thursday reported an 11 per cent increase in net profit for 2025, helped by higher production volumes and lower costs that offset...
NNPC Ltd Unveils Gas Master Plan 2.0
...Milestone Represents Nigeriaβs Devβt Aspirations, Says Ekpo
As part of ongoing efforts to reposition Nigeriaβs gas sector as the engine room of national industrialisation, energy...
NNPCL Posts β¦502bn Profit Amid Crude Production Dip
The Nigerian National Petroleum Company Limited (NNPCL) posted a profit after tax of β¦502 billion in November 2025, sustaining its profitability despite ongoing challenges...
NNPC Targets AKK Gas Pipeline Exports By Early 2026
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the $2.8 billion AjaokutaβKadunaβKano (AKK) gas pipeline is on track to be activated for gas...
Petroleum agencies’ new leadership nominees vow to end revenue leakages
Newly appointed Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Amanorisewo Eyesan and her counterpart in the Nigerian Midstream and Downstream...
Global Oil Prices Sink To Four-Year Lows
Global oil prices fell sharply on Tuesday, sliding to their lowest levels in nearly four years amid persistent oversupply concerns.
Brent crude, the international benchmark,...
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