The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted the impact of the Dangote Petroleum Refinery on global fuel markets, noting that its production...
The Organisation of the Petroleum Exporting Countries (OPEC) has flagged the impact of increased petrol production at Nigeria’s Dangote Refinery on the European market....
In its latest monthly report for January 2025, the Organization of the Petroleum Exporting Countries (OPEC) projected a global oil demand growth rate of 1.4 million...
Minister of Power Adelabu, Plans to Spend ₦8bn on Electricity Bill Orientation Sparks Debate The Federal Government has proposed an ₦8 billion expenditure in 2025 for...
Brent crude oil prices surged above $81 per barrel on Monday, marking a significant spike in global oil markets as a result of the latest aggressive...
The Transmission Company of Nigeria (TCN) has attributed the recent power disruptions experienced in parts of the country to line tripping incidents, debunking widespread...
Nigeria’s national power grid experienced its first major collapse of 2025, marking a significant setback for the country’s energy sector. The collapse, confirmed by...
Industry stakeholders in Nigeria’s petroleum sector have revealed that the pump prices of petrol, currently hovering between N900 and N950, may further drop...
Global oil prices rose slightly on Thursday, January 1, 2025, marking the first trading day of the year. Brent crude futures climbed to $74.80 per barrel,...
President Bola Ahmed Tinubu has hailed the reopening of the Warri Refining and Petrochemical Company (WRPC) by the Nigerian National Petroleum Company Limited (NNPCL) as a...