Oil & Gas

Latest Oil & Gas News

Oil prices surges past $100 as Iran names new supreme leader

Oil prices surged in early Asian trading on Monday, breaking above $100…

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Iraqi oil production falls 70% as Strait of Hormuz disruptions hit exports

  Oil production from Iraq’s main southern oilfields has dropped by about…

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FG signs deal with Eni, Agip to resolve OPL 245 dispute

The presidency has announced the successful conclusion of a settlement agreement between…

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Petrol surges to N960/l in as oil prices hit $85 amid Middle East war

The escalating conflict between the US, Israel and Iran which has nearly…

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Petrol may hit N1,000 per litre after Dangote raises gantry price

Pump prices of petrol across Nigeria could soon rise to between N980…

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Report: Nigeria splits controversial OPL 245 into four oil blocks in new deal with Eni, Shell

Nigeria has entered an agreement to split the oil prospecting license (OPL)…

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PENGASSAN asks Tinubu to rescind executive order on oil revenue

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has…

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Tinubu orders NNPC to remit oil revenues directly to Federation Account

In a decisive move to reclaim Nigeria’s oil wealth, President Bola Ahmed…

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NNPC posts N5.76trn profit in 2025

The Nigerian National Petroleum Company (NNPC) Limited has reported a profit after…

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Atiku asks NNPC to discontinue proposed refinery deal, insists on outright sale

  Former Vice-President Atiku Abubakar has asked the Nigerian National Petroleum Company…

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