The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...

Nigerian group demands NNPCL prioritize crude oil for local refineries like Dangote, criticizing state-run refinery ...

Global crude exports fell by 2% in 2024, marking the first decline since the COVID-19 pandemic, according to shipping data, attributed to sluggish ...

Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

The Office of Auditor-General for the Federation has uncovered at least four major financial infractions amounting to N514bn ...

Output from the Organization of Petroleum Exporting Countries, OPEC fell by 120,000 barrels a day to 27.05 million a day, ...

West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $72.90 per barrel during the Asian hours on Tuesday. However, crude Oil prices were ...

THE Nigerian Army has uncovered 20 illegal refining sites and apprehended 11 suspected operators of the facilities during ...

A group of concerned Nigerian citizens has called on the Nigerian National Petroleum Company Limited (NNPCL) to prioritise ...