Oil & Gas

KEY POINTS The Dangote Petroleum Refinery and Petrochemicals FZE has accused the Federal Government and its agencies of deliberately frustrating its operations in Nigeria’s downstream petroleum sector, describing the situation …

KEY POINTS The President of the State Oil Company of Azerbaijan Republic, SOCAR, Rovshan Najaf, held discussions with John Ardill, Vice President of ExxonMobil Corporation, on the sidelines of the …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission,NUPRC, has assured stakeholders that Nigeria’s crude oil and gas production continues without disruption, despite an ongoing industrial action by workers under the …

KEY POINTS US energy major Chevron Corporation is reportedly considering new upstream investment opportunities in Tanzania after expressing interest in oil and gas exploration during recent discussions with the country’s …

KEY POINTS Global oil markets may be heading toward another price shock as top energy executives warn that tightening supply conditions could push crude prices significantly higher in the coming …

KEY POINTS The Dangote Petroleum Refinery has achieved a major global milestone, becoming the world’s largest single exporter of aviation fuel in April, as supply disruptions in the Middle East …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC recorded a sharp increase in its financial performance in April 2026, with revenue rising to N4.97 trillion from N2.77 trillion in …

KEY POINTS The Federal Capital Territory High Court in Abuja has dismissed a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited, NNPC Ltd, by Alternate Dimensions Ventures …

KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has opposed the claims of the Dangote Petroleum Refinery in an ongoing legal dispute at the Federal High Court in Lagos, …