PETROAN Urges FG to Establish Energy Bank for Downstream Oil Funding

Oil marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)…

OPEC Urges NNPC: Boost Oil for $14 Trillion Investment

The Organisation of the Petroleum Exporting Countries (OPEC) advises Nigerian National Petroleum Company Limited (NNPCL) to…

Oil Prices Increase After OPEC+ Extends Output Cuts

Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…

Braya Begins Renewable Diesel Production at Come-by-Chance

Braya announced on Thursday that renewable diesel production starts at the Come-by-Chance refinery in Canada. The…

Nigeria Can Produce 2.2mbpd of Oil – NUPRC

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has disclosed that…

Saudi Arabia Chooses Energy Transition over Oil Capacity Expansion

Saudi Arabia’s energy minister has stated that the U-turn on its oil capacity expansion plans was…

TotalEnergies to Sell Stake in Nigerian Onshore Oil

TotalEnergies has stated plans to sell its minority stake in a significant Nigerian onshore oil joint…

Shell to Sell its Onshore Oil and Gas Subsidiary in Nigeria

British energy major, Shell, has agreed to sell its Nigerian onshore oil and gas subsidiary in…

Seven Oil Marketers to Distribute Dangote Refinery’s Products

Nigeria’s seven major oil marketers have registered with the Dangote Petroleum Refinery to lift and distribute…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…