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crude oil

Oil and Gas

Seplat Energy extends ExxonMobil’s proposed $1.28bn acquisition

SEPLAT Energy has extended the share sale and purchase agreement of $1.28 billion to acquire ExxonMobil’s share capital of...
Ehime ALEX -
Business and Economy

2024 budget to suffer setback as Nigeria won’t meet 1.78mbpd crude benchmark

NIGERIA's budgetary provision of 1.78 million barrels per day (bpd) of crude oil production will fall below the benchmark...
Ehime ALEX -
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Oil and Gas

Despite 70 million litres of PMS discharged daily in 2 weeks, scarcity persists — Report

A REPORT by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that about N71.03 million litres...
Nurudeen AKEWUSHOLA -
Business and Economy

Opportunities for Nigerian traders as crude, wheat, palm oil prices skyrocket

THE Russian invasion of Ukraine has spiked prices of wheat, crude and palm oils as market volatility and shortfalls continue to push up costs of these products in the global market.
Odinaka ANUDU -
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News

Residents halt oil exploration at Shell’s oilfield in Bayelsa, sack workers

Residents at Opukushi, Ekeremor Local Government Area of Bayelsa, have disrupted oil exploration activities at an oilfield operated by...
Editorial -
Breaking News

Dangote to kickstart oil production with 20,000 barrels per day in July

DEVAKUMAR Edwin, Group Executive Director at Dangote Industries Limited says Africa's richest man, Aliko Dangote would begin production of...
Paul Owolabi -
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