Energia Powers Into New Era With Crude, Gas Expansion
Energia Limited is positioning itself for a new phase of growth as it expands its activities across crude oil production, ...
Tag: Crude oil
Petrol Nears N1,300 as Marketers Warn of More Price Uncertainty
Petrol prices are rising again across parts of Nigeria, with some filling stations now selling Premium Motor Spirit (PMS) for ...
Nigeria’s Petrol Imports Rise as Local Refinery Supply Falls
Nigeria’s growing refining capacity has not yet ended the country’s reliance on imported petrol, as fresh data shows that foreign ...
Nigeria Moves Closer to $21bn Deepwater Oil Project
Nigeria has taken a major step towards reviving investment in its deepwater oil industry after the Nigerian National Petroleum Company ...
Nigeria Cuts Oil Production Losses From 97% to Just 2%
Nigeria’s oil industry has recorded a major improvement in the amount of crude oil being lost through theft and other ...
Dangote Refinery Raises Petrol Price as Global Oil Prices Rise
The Dangote Petroleum Refinery has increased the price of petrol sold to marketers at its gantry by N20 per litre, ...
Nigeria Eyes Up to $50bn Offshore Oil Investment by 2030
Nigeria is set for a major investment boost in its oil and gas industry, with 22 offshore projects expected to ...
Oil Climbs as Iran Talks Stall and Markets Wobble
Oil prices continued to rise on Tuesday as hopes of a quick agreement between the United States and Iran weakened, ...
Crude Swap Plan Could Cut Refinery Costs by $329m
Nigeria’s domestic refineries could save between $246.6 million and $328.8 million in six months if a proposed crude oil swap ...
ADNOC Tanker Attack Raises Fresh Hormuz Shipping Fears
The United Arab Emirates’ state-owned oil company, ADNOC, has confirmed that one of its vessels was attacked while passing through ...
