The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...

Trade routes have also been reshuffled by startup of the massive Dangote oil refinery in Nigeria, expansion of Canada’s Trans ...

Nigerian group demands NNPCL prioritize crude oil for local refineries like Dangote, criticizing state-run refinery ...

Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

An audit report has revealed several unauthorized transactions the NNPC carried out including an N82.95 billion purportedly ...

Nigerians may be wondering whether the year 2025 will bring the“renewed hope” promised by the President Bola Tinubu ...

The Office of Auditor-General for the Federation has uncovered at least four major financial infractions amounting to N514bn ...

Output from the Organization of Petroleum Exporting Countries, OPEC fell by 120,000 barrels a day to 27.05 million a day, ...