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Nigerian Oil

  • In the NewsOil & Gas

    Nigerian Crude Holds Below $70 as Traders Eye U.S.-Russia Peace Push

    by Oluwatosin Racheal Alabi August 9, 2025
    by Oluwatosin Racheal Alabi August 9, 2025

    KEY POINTS Nigeria’s flagship Bonny Light crude ended Friday just shy of $69 a barrel, barely snapping a six-day losing streak, as global markets weighed the possibility of a U.S.-brokered …

  • In the News

    Nigerian Oil Regulator Offers Faster Exit for Majors Willing to Clean Up Spills

    by Victor Adetimilehin May 5, 2024
    by Victor Adetimilehin May 5, 2024

    Nigeria’s oil regulator proposes a faster exit for oil majors from onshore fields, but only if they take responsibility for cleaning up environmental spills. This plan aims to balance speeding …

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  • PENGASSAN Demands More Investment in Nigeria’s Refineries

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Chevron Plans Venezuela Expansion as US Deepens Oil Push
Sahara Begins Construction of $12m Power Plant in Lagos

Latest Stories

Chevron Plans Venezuela Expansion as US Deepens Oil Push
Sahara Begins Construction of $12m Power Plant in Lagos
Rwanda Backs Dangote’s Proposed $17bn Lamu Refinery

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