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Aiteo Confirms Oil Leak at OML 29, Nembe

Aiteo Eastern Exploration and Production Company (AEEPCO), the operator of the NNPC/Aiteo Joint Vent...

June 20, 2024
FG Offers 17 New Oil Blocks for Bidding

The Federal Government, on Tuesday, announced additional  17 deep offshore oil blocks to the 2024 Li...

June 19, 2024
Saudi Arabia's Crude Exports Decreased to 6 Million Barrels Per Day In April

Saudi Arabia's crude oil exports in March dropped to 6 million barrels per day from 6.413 million bp...

June 18, 2024
Saudi Arabia's Crude Exports Decreased to 6 Million Barrels Per Day In April
June 18, 2024

Saudi Arabia's crude oil exports in March dropped to 6 million barrels per day from 6.413 million bp...

Oil Mafia: Modular Refinery Operators Seek Tinubu's Intervention On Dangote's concerns
June 17, 2024

Modular refineries On Sunday confirmed Aliko Dangote's concerns about mafias in the oil sector hinde...

Oil Prices Set for Best Week Over 2 Months on Solid Demand Outlook
June 14, 2024

Oil prices declined on Friday as the market assessed the impact of the US Federal Reserve's decision...

Dangote Refinery to Build 5.3bn Litres Fuel Storage Capacity
June 14, 2024

The President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to expand the storage...

India Eyes Oil Deals with Nations Including Russia
June 12, 2024

Indian Oil Minister Hardeep Singh Puri on Tuesday announced that state-run Bharat Petroleum Corp (BP...

Oando Discloses $550m Contribution to Afreximbank Loan-For-Crude Deal
June 10, 2024

Oando Plc, an indigenous oil company, has disclosed that it played a part in contributing $550m out...

Saudi Arabia to Boost Oil Capacity to 12.3million BPD by 2028
June 7, 2024

Saudi Arabia Energy Minister Prince Abdulaziz bin Salman has dismissed the recent drop in oil prices...

Oil Prices Rise As Expectations for Stronger Rate Cut By Federal Reserve Increase
June 6, 2024

Early Asian trading on Thursday saw a rise in oil prices, driven by increasing expectations of a Fed...

FG Committed To Deepening Gas Penetration In Nigeria – Ekpo
June 6, 2024

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has assured Nigerians that the...

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