NIMASA confirms oil spill after vessel collision, five injured
The Nigerian Maritime Administration and Safety Agency, NIMASA, has confirmed an oil spill in…
Fuel price hike: Global oil prices increase by nearly 4%
Global oil prices surged by nearly 4 percent on Wednesday amid continued airstrikes in the Middle…
WTI Crude Price Falls Over 5% Despite New US Strikes On Iran
The price of the main US benchmark for oil fell more than five percent…
Reps Step Down Bill To Ban Unbranded, Unfortified Edible Oils
The House of Representatives has stepped down a bill seeking to ban the production,…
OPEC+ Increases Production Quotas For July
OPEC+ ministers decided on Sunday to increase oil quotas by a total of 188,000…
TotalEnergies Q2 Net Profit Doubles To $5.4bn Amid Middle East Conflict
French oil and gas giant TotalEnergies said Thursday net profit doubled in the second…
Oil Jumps More Than 5% After Renewed Strikes Between Israel, Iran
Brent crude prices surged more than five per cent Monday after Israel and Iran…
Oil Price Up More Than 3% After Iran Attacks
Oil prices jumped more than three percent in early Asian trade on Wednesday after…
Hormuz Block Sparks ‘Never Seen Before’ Disruption — Shell CEO
The blockade of the Strait of Hormuz has led to global energy disruptions "never…
Oil prices climb by over 6% after significant decline
Global crude oil prices recorded sharp gains on Wednesday, with both Brent and West Texas…
CBN announces pre-shipment inspection agent for oil export
The Central Bank of Nigeria, CBN, has announced the appointment of Candid Oil Services…
Nigerian Navy uncovers hidden illegal fuel depot, recovers 11,800 litres of oil in Rivers
Nigerian Navy says it has uncovered a hidden illegal fuel storage depot containing about…
Nigeria Meets 104% OPEC Quota As Production Hits 74-Month High — NUPRC
Nigeria has met its production quota set by the Organisation of Petroleum Exporting Countries…
Oil Prices Surge On US-Iran Attacks, Tech Shares Tank
World oil prices surged Monday as a fresh flare-up between the United States and…
Venezuela Oil Output ‘Not Affected’ By Quakes — President
Venezuela's acting president, Delcy Rodriguez, said Monday that the country's oil production was "not…
Nigerian govt returns 13 oil blocks to licensing basket as 143 firms submit bids
The Federal Government has announced that 13 of the 50 oil and gas blocks…
