Nigeria's top crude grades have been in high demand this week due to the country’s strong refining capacity and January's ...

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

Latest Fiscal performance data from the Federal Government indicates that the oil sector is underperforming as it records a ...

Aliko Dangote, Nigeria's richest man, has faced adversity despite his vast wealth, but has often come out on top.

The federal government’s proposed N47.9 trillion 2025 budget is the lowest the country has had since 2018 in dollar terms, ...

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

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

Nigeria's proposed N47.9 trillion 2025 budget is the lowest the country has had since 2018 in dollar terms, according to the ...

Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a little over $74 a barrel. West Texas Intermediate, the U.S. equivalent ...

Royal Dutch Shell's subsidiary in Nigeria, SPDC, lifted force majeure on Bonny Light crude oil exports at noon local time (1100 GMT) on Thursday, a spokesman said. Shell declared force majeure one ...

Crude oil inventories in the United fell by 777,000 barrels for the week ending November 1, according to The American Petroleum Institute (API). Analysts had expected a build of 1.0 million barrels.

Energy markets are attempting to understand the implications of Donald Trump's presidency on oil and gas prices. Analysts predict that his actions could significantly influence global crude oil ...