As global crude oil prices continue to climb amid geopolitical tensions and supply disruptions, many Nigerians are once again bracing for higher living costs. While Nigeria...
The Federal Government has announced June 12, 2026, as the deadline for the submission of bids in Nigeria’s 2025 Oil Licensing Round, marking a key milestone...
Nigeria’s energy sector is poised for a significant transformation as policymakers and industry stakeholders accelerate investments in power storage, refinery expansion, and broader energy infrastructure aimed...
Global oil prices declined sharply on Friday, with Brent crude slipping below the $93 mark as markets reacted to progress in diplomatic talks between the United...
Global oil markets fell sharply on Wednesday, with prices sliding around 6% after US President Donald Trump said negotiations with Iran were entering their “final stages,”...
A widening division has emerged in Nigeria’s downstream petroleum sector as the Jetties and Petroleum Tank Farm Owners of Nigeria (JETFON) openly aligned with the Dangote...
The United Kingdom has introduced temporary adjustments to its sanctions regime on Russian energy imports, allowing refined oil products made from Russian crude in third countries...
Growing geopolitical tensions in the Middle East and renewed attacks linked to the Russia-Ukraine conflict are raising fresh concerns over a possible increase in fuel prices...
FG Revokes 1263 Mineral Licenses The Federal Government has revoked 1,263 mineral licenses across the country over failure by holders to pay their mandatory annual service...
Dangote Refinery’s Direct Fuel Supply A Bold Step Toward Energy Independence This week’s announcement by the Dangote Petroleum Refinery to commence direct supply of Premium Motor...