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  • In the NewsOil & Gas

    Fuel Prices Surge Nationwide as Dangote-Linked MRS Raises Pump Price to N1,267/Litre

    by Ikeoluwa Juliana Ogungbangbe March 18, 2026
    by Ikeoluwa Juliana Ogungbangbe March 18, 2026

    KEY POINTS Dangote Refinery-backed MRS Oil Nigeria Plc has raised its fuel pump price across the country following a recent increase in gantry price by Dangote Refinery. The refinery last …

  • In the News

    Senate Confirms Magnus Abe as NUPRC Board Chairman

    by Oluwatosin Racheal Alabi March 17, 2026
    by Oluwatosin Racheal Alabi March 17, 2026

    KEY POINTS The Nigerian Senate has officially confirmed former Rivers South-East senator, Magnus Abe, as the Chairman of the Board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Abe’s confirmation …

  • In the News

    Chevron Appoints Emmanuelle Garinet to Lead Exploration Across Sub-Saharan Africa and the Americas

    by Oluwatosin Racheal Alabi March 17, 2026
    by Oluwatosin Racheal Alabi March 17, 2026

    KEY POINTS Chevron has appointed Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, placing one of the upstream oil sector’s most experienced exploration leaders in a …

  • In the NewsOil & Gas

    Eni Makes Major Offshore Gas Discoveries in Libya, Boosting Supply Prospects for Europe

    by Oluwatosin Racheal Alabi March 17, 2026
    by Oluwatosin Racheal Alabi March 17, 2026

    KEY POINTS Italian energy giant Eni has announced two significant offshore natural gas discoveries in Libya, reinforcing the country’s position as a key supplier in the Mediterranean energy market. The …

  • In the NewsOil & Gas

    Hormuz Blockade Disrupts Gulf Trade, Triggers Supply Crisis and Price Surge

    by Ikeoluwa Juliana Ogungbangbe March 17, 2026
    by Ikeoluwa Juliana Ogungbangbe March 17, 2026

    KEY POINTS Importers across the Gulf region are racing to find alternative supply routes following the effective shutdown of the Strait of Hormuz, a vital maritime corridor that supports the …

  • In the NewsMarketsOil & Gas

    Nigeria Imports N84.69bn Worth of Petrol from Togo in Q4 2025

    by Ikeoluwa Juliana Ogungbangbe March 17, 2026
    by Ikeoluwa Juliana Ogungbangbe March 17, 2026

    KEY POINTS Nigeria imported petrol valued at N84.69 billion from Togo in the fourth quarter of 2025, according to newly released foreign trade statistics by the National Bureau of Statistics …

  • In the NewsMarketsOil & Gas

    Oil Prices Surge Above $100 as U.S.–Israel–Iran Conflict Fuels Global Supply Fears

    by Ikeoluwa Juliana Ogungbangbe March 17, 2026
    by Ikeoluwa Juliana Ogungbangbe March 17, 2026

    KEY POINTS Oil prices extended their upward trajectory on Monday, as the ongoing conflict involving the United States, Israel, and Iran entered its third week, intensifying concerns over global supply …

  • In the NewsOil & Gas

    Diesel Prices Hit N1,700/Litre as Dangote Refinery Adjustment Triggers Nationwide Depot Hike

    by Ikeoluwa Juliana Ogungbangbe March 17, 2026
    by Ikeoluwa Juliana Ogungbangbe March 17, 2026

    KEY POINTS Depot prices of Automotive Gas Oil, diesel, have surged sharply across Nigeria, climbing to as high as N1,700 per litre following a fresh price adjustment by the Dangote …

  • In the NewsOil & Gas

    PETROAN Urges Government to Provide Palliatives as Rising Oil Prices Boost Revenue

    by Oluwatosin Racheal Alabi March 16, 2026
    by Oluwatosin Racheal Alabi March 16, 2026

    KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has called on the Federal Government to provide relief measures for citizens following the recent rise in global …

  • In the NewsMarkets

    SERAP Urges Tinubu to Probe NNPC’s N5.9 Billion Rebranding Expenses

    by Oluwatosin Racheal Alabi March 16, 2026
    by Oluwatosin Racheal Alabi March 16, 2026

    KEY POINTS The Socio-Economic Rights and Accountability Project, SERAP, has urged President Bola Ahmed Tinubu to direct the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), …

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Nigeria’s Oil Boom: Record Production in September 2023

Chevron Buys More Stake in Namibia’s Orange Basin for $11 Million
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