The average prices of petrol and diesel in Nigeria have risen by 86.3 per cent in 2026, with both products reaching their highest average levels of...
Iran’s ability to use the Strait of Hormuz as a choke point for global energy supplies appears to have weakened, with oil shipments from the Middle...
The Nigerian National Petroleum Company Limited (NNPC Ltd) spent about ₦27.76 trillion on cost of sales, distribution and general administrative expenses in 2025, accounting for roughly...
The continuous wavy movement of the price of Premium Motor Spirit (PMS) has come to be one of the most disrupting and distorting trends in...
Brent crude oil has climbed above $100 per barrel as escalating Middle East tensions threaten global supplies, creating the prospect of higher oil earnings for Nigeria...
At least 37 people have reportedly died after inhaling toxic fumes during an alleged illegal oil-loading operation at Okari Jetty in Okrika Local Government Area...
By Princess Ose Aluede The Securities and Exchange Commission (SEC) has approved Dangote Petroleum Refinery’s application for an Initial Public Offering (IPO), clearing the way...