Africa’s second richest man and owner of the Dangote refinery is on collision course with the Nigerian 'oil mafia' ...

The Nigerian National Petroleum Company Limited has become a significant player in the global oil market, leveraging ...

It was a significant air strike that saw one Russian cruise missile briefly fly into Polish airspace, according to Warsaw.” Meanwhile, Nigeria’s Bonny Light traded at $87.46 a barrel late Friday.

Given the current price of Bonny Light crude oil at $78.62 per barrel, Nigeria is losing billions of dollars annually to oil theft. Theft has also driven numerous international oil companies (IOCs ...

On Monday Shell declared force majeure on loadings of its Nigerian oil, the force majeure affects around 475,000 barrels per day of Bonny Light crude oil throughout November, News Agencies reported.

Nigeria’s crude oil export earnings slumped to $12.1 billion in Q2, 2024 as against $12.4 billion in the preceding Q1, ...

The Nigerian Economic Summit (NES) has tasked the Federal Government to revise oil price benchmark in the proposed 2025 ...