Industry

Crude oil prices posted notable gains on Thursday as fresh data on U.S. inventory levels and renewed geopolitical friction in the Middle East signaled tightening global supply. Investor sentiment improved after the U.S. Energy…
Read More...

dangote The deployment of 4,000 trucks by the Dangote Petroleum Refinery to enhance fuel distribution across Nigeria has sparked a nationwide debate, drawing praise and skepticism from Nigerians. Announcing the initiative, the…
Read More...

The Nigerian National Petroleum Company Limited (NNPC)’s audited financial statements have caused a significant amount of controversy, according to the Senate Committee on Public Accounts, which is led by Aliyu Wadada. The revelations…
Read More...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released new guidelines for the advanced cargo declaration regime, aimed at enhancing transparency, accountability and efficiency in Nigeria’s crude oil and petroleum…
Read More...

Vanguard published a report on Saturday, June 14, 2025, stating that the Joint Committees on Public Accounts and Public Assets of the House of Representatives have issued a summons to Wale Edun, the Minister of Finance, and Olayemi…
Read More...

*Trucks loading petroleum products at the Dangote Refinery. – Fuel scarcity looms The leadership of the National Association of Road Transport Owners (NARTO) has ordered its members to instruct their representatives at the Dangote…
Read More...

In a strategic move aimed at bolstering Nigeria’s oil and gas output, the Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, hosted top executives from the Independent Petroleum Producers Group (IPPG) at the NNPC…
Read More...

According to Iran International English, Israeli micro air vehicles have reportedly targeted Phase 14 of Iran’s South Pars gas field, the world’s largest natural gas reserve shared by Iran and Qatar. The incident highlights rising…
Read More...

Three key players in the Oil and Gas Industry are Prof Wùnmi Iledare, Dr Timothy Okon and Engr. Emeka Ene have thumbed up for President Bola Tinubu for bringing on board the emergence of a fully professional and competent management…
Read More...

Vice-President Kashim Shettima has commissioned a new 7.5MVA distribution injection substation in Maiduguri, Borno State, aimed at enhancing power supply to Borno State University and surrounding communities. The project was…
Read More...