News

Stocks, Copper: New Situation & New Implicationsabout 5 hours ago Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat As Traders Weigh Tariff Newsabout 5 hours ago ...
As the new Group Managing Director, Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, settles in following the official handover by his predecessor, Mele Kyari, stakeholders in the ...
Nigeria’s oil production output dropped by 50,000 barrels a day to an average of 1.5 million per day, in line with its quota. Also, loading of the country’s Bonny Light crude grade faced ...
The freshly installed chief executive of NNPC, Nigeria’s state oil corporation, has vowed to attract up to $60 billion of ...
Just as Nigeria had started to increase its oil and gas production under President Bola Tinubu, a series of blasts and fires at major pipelines are threatening to unravel the progress Africa’s ...
This development follows concerns that crude oil output could be disrupted by the unrest and disapproval trailing the appointment of a sole administrator in Rivers State, Vice Admiral Ibok Ete Ibas.
Nigeria’s crude oil production declined from 98% of the Organisation of Petroleum Exporting Countries (OPEC) quota of February 2025 to 93% of the quota in March 2025. In its document titled ...
Nigeria's President Bola Tinubu has appointed ex-Shell executive Bayo Ojulari and a new board to run the Nigerian National ...
Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for 2023. The award, presented by Nigerian publication Energy Times, recognises SNEPCo’s ...
A chart showing Brent oil price. The tariffs themselves have limited direct impact on Nigeria, given that oil and gas purchases are exempt. But they have served to drive oil prices lower ...
The Organisation of the Petroleum Exporting Countries (OPEC) report has indicated that Nigeria retained its position as the largest crude oil producer in Africa in March.This is despite a decline in ...