Nigeria’s crude oil production fell again in August, reversing recent gains that had lifted the country above its OPEC quota for two consecutive months. The drop has raised fresh concerns …
Africa’s richest man, Aliko Dangote, has revealed that his refinery currently imports between 9 and 10 million barrels of crude oil every month from the United States and other countries …
The Nigerian Army has destroyed 14 illegal refining sites and confiscated over 350,000 litres of stolen petroleum products during a joint security operation carried out across the Niger Delta region. …
Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its earlier forecast for global oil demand in 2025. According to its Monthly Oil Market Report released on Monday, …