India's crude oil imports hit record high in March 2025, driven by strong demand and discounted Russian barrels.

SHORTLY after the Dangote Refinery announced that it had temporarily halted the sale of petroleum products in naira due to the stoppage of the naira-for-crude policy, prices started increasing again.

President Bola Tinubu’s decision to sack Mele Kyari and other board members of the Nigerian National Petroleum Company Limited stems from mounting concern over performance and a failure to meet key ...

Global LPG shipping faces a volatile 2025 as shifting supply dynamics, fragile petrochemical demand, and geopolitical risks ...

NESG has urged FG to sustain 2.2 million bpd oil production for 2025 budget implementation, emphasising economic stability ...

The Nigeria Economic Summit Group (NESG) has urged the federal government to maintain crude oil production at 2.2 million ...

Our correspondents observed that filling stations with agreements with the Dangote Refinery have adjusted their pumps to the new price.

Key petroleum marketers have embraced expert opinions calling for a review of the Petroleum Industry Act (PIA) to give a ...

If Chevron is forced out, China and Russia will gain influence in the OPEC nation ... envoy to Latin America Mauricio Claver-Carone explained that Grenell was in Venezuela on a “very specific ...