The Centre for the Promotion of Private Enterprise has issued an urgent appeal to Nigeria's newly appointed petroleum regulators, calling for a fundamental shift in policy that would prioritize domestically ...
Nigeria has reasserted its dominance in the transatlantic energy trade, emerging as the leading African supplier of crude oil to the United States during the first eight months of 2025, ...
Summary Oil prices edged higher on Wednesday after slipping to a one-month low in the previous session. Brent crude climbed 27 cents to $62.75 per barrel as of 0512 AM ...
Nigeria's oil production ambitions received a significant boost this week as the nation's top petroleum regulator conducted a comprehensive inspection of a floating production facility poised to contribute to the ...
Nigeria's crude oil sector demonstrated resilient growth in August 2025, with production climbing 5.5% year-on-year to average 1.43 million barrels per day, according to official data released by the Nigerian ...
The Dangote Oil Refinery will stop importing crude oil and rely entirely on Nigerian supply by December 2025, according to a Bloomberg report that signals a major shift in Africa's ...
The Organization of the Petroleum Exporting Countries and its allies dramatically ramped up their oil production strategy on Saturday, approving a substantial 548,000 barrels per day increase for August—the largest ...
The global oil market faces another pivotal moment as eight key members of the OPEC+ alliance prepare for a crucial virtual meeting on Saturday to determine crude production levels for ...
Oil prices retreated on Monday morning as markets recalibrated following the dramatic de-escalation of Middle East tensions and growing expectations of increased global supply, despite lingering questions about the strength ...
OPEC+ oil-producing nations finalized a 411,000 barrels per day (bpd) output increase for July during an online meeting on Saturday, aligning with production rises set for May and June, according ...
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