Latest Oil & Gas News
Petrol may hit N1,000/litre as oil price soars amid Israel-Iran conflict
Global crude oil prices may cross $80 per barrel this week,…
MRS hikes petrol price to N925 in Lagos, N955 in Southeast amid global oil price increase
MRS Oil Nigeria Plc, a key distributor of Dangote Refinery’s petroleum…
Dangote blames crude shortage for surge in US imports
The President of the Dangote Group, Aliko Dangote, says his 650,000-barrel…
Oil price hits $77 per barrel as Israel-Iran war rages
Oil prices apiked on Tuesday as the ongoing Iran-Israel conflict showed…
Nigeria imports N1.2tn crude as local output falls
Despite being Africa’s largest crude oil producer, Nigeria imported crude oil…
PENGASSAN says marketers exploiting Nigerians… petrol price should be N750 per litre
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN)…
Dangote refinery to begin free fuel distribution August 15 as tanker drivers threaten strike
The Dangote Petroleum Refinery has announced plans to begin a nationwide…
Nigeria’s oil production falls to 1.45m bpd in May 2025 – NUPRC
Nigeria's oil production dropped to 1,452,941 barrels of oil per day (bpd)…
Dangote vows to shake downstream oil sector
The President of the Dangote Group and founder of the Dangote…
TotalEnergies sells stake in Bonga oilfield to Shell for $510m
TotalEnergies says its subsidiary, TotalEnergies EP Nigeria (TEPNG), has signed an…
