UAE Exit Deepens OPEC’s Waning Control Over Global Oil Prices
The United Arab Emirates’ decision to distance itself further from the Organization of the Petroleum Exporting Countries (OPEC) underscores growing ...
Tag: Petroleum Industry
PMS Pump Price in Nigeria Under Pressure as Crude Oil Prices Surge
The price of Premium Motor Spirit (PMS), commonly known as petrol, is facing renewed upward pressure in Nigeria as global ...
OPEC+ Approves June Output Hike as UAE Exits Alliance
Global oil markets are entering a delicate new phase after OPEC+ approved a modest increase in production quotas for June, ...
Dangote Refinery Positions Itself as Global Trading Hub
The Dangote Refinery has carved out a distinct role in Nigeria’s downstream petroleum sector, describing itself not as a conventional ...
Foreign Oil Firms Face 90-Day Incorporation Rule
In a decisive move to strengthen local participation in the energy sector, the Nigerian government has issued a mandatory 90-day ...
Popular News
-
NACCIMA Launches $150 Million Low-Interest Fund to Help Nigerian Businesses Expand
-
Cooking Gas Prices Fall Below ₦1,500/kg as Nigeria’s LPG Supply Glut Deepens
-
OPEC+ Agrees to Raise Oil Production by 188,000 Barrels Per Day from September
-
Musk’s Grok Sparks Debate Over Nigeria’s Birth Rate Advantage Over EU
-
Seplat Sells 10% Stake to NNPC in $281.6 Million Deal, Boosts Investor Returns
