Connect with us
Crude oil prices fell on May 15, 2025 amid expectations that the US and Iran may soon reach a deal over Tehran’s nuclear program Brent crude...
Crude oil prices held steady on May 14, 2025 after the US and China agreed to slash tariffs, easing trade tensions between the world’s two largest...
Crude oil prices surged on May 12, 2025 after the US and China agreed to slash tariffs, easing trade tensions between the world’s two largest petroleum...
Nigeria’s crude oil production climbed to a two-month high in April 2025, signalling modest recovery efforts in Africa’s largest oil producer. The crude oil production surge...
ExxonMobil announced plans to invest $1.5 billion to further develop Nigeria’s USAN deepwater oil field. The energy giant declared this during a meeting on May 6...
Crude oil prices fell on May 5, 2025, as an OPEC+ decision to expedite its output hikes stoked fears about rising global supply at a time...
Saudi Aramco has increased its official selling prices for crude oil destined for Asia in June. The hike ends Aramco’s two-month streak of price cuts. The...
Nigerian crude oil prices, on April 5, fell below the federal government’s benchmark of $65 per barrel. The drop follows OPEC+’s surprise move to increase oil...
Africa is home to several large oil refineries crucial in meeting the continent’s growing energy demand and supporting economic development. These refineries process crude oil into...
NNPC GCEO, Bayo Bashir, sacked the managing directors (MDs) of its three refineries. The refineries include the Port Harcourt Refining Company, Warri Refining and Petrochemical Company,...
