Oil and gas

General News Oil and Gas

Crude Oil Increase Sparks Possibility of New Petrol Price Rise

Global crude oil prices are climbing amidst growing tensions in the Middle East. Consequently, NNPC and Dangote Refinery could be prompted to raise fuel prices in Nigeria once more. This development has sparked worries about

Oil and Gas

OPL 245: Tinubu Facilitates Key Settlement, Paving Way for Significant

March 6, 2026 President Bola Ahmed Tinubu has overseen the successful resolution of the long-standing dispute over Oil Prospecting Licence (OPL) 245, marking a major milestone for Nigeria’s oil and gas industry and opening the

General News Oil and Gas

IMF: Oil Price Shock Tests Global Economic Resilience

Mar 06, 2026 The surge in oil and LNG prices as a result of the Middle East war is testing the resilience of the global economy once again, IMF Managing Director Kristalina Georgieva said on

General News Oil and Gas

Oil Prices Hit $90 as Middle East Tensions Escalate

Mar 06, 2026 Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to Middle East supply and tanker traffic through the Strait of Hormuz rattle

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General News

General News oil-and-gas:Oil and Gas

Iraq’s Oil Production Drops by 70% Amid Escalating

Mar 09, 2026 Crude oil production from Iraq’s southern fields has dropped by 70% since the start of the U.S.

Crude Oil Increase Sparks Possibility of New Petrol

DisCos generated a total of N207 billion from

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Uncategorized

Resolving Longstanding Dispute Over OPL 245 Will Reposition

March 8, 2026 The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said that resolving the longstanding

Crude Oil Increase Sparks Possibility of New Petrol

Chevron Declares Force Majeure as Israel Shuts Leviathan

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