Crude Oil Surpasses FG Benchmark Following Israeli Strikes on Iran Posted by By Esther Udoh June 13, 2025 Crude oil prices surged on Friday after Israel launched a major preemptive airstrike on Iran,…
Oil Holds Steady as Markets Balance Tariff Concerns and Iran Tensions Posted by By Esther Udoh June 13, 2025 Oil prices remained stable as markets balanced U.S. tariff threats with rising Middle East tensions.…
PETROAN Suggests 3 Million-Barrel Crude Stockpile for Domestic Refineries Posted by By Esther Udoh June 13, 2025 PETROAN has urged the Nigerian government to develop a sustainable crude oil supply plan for…
JP Morgan Forecasts Stable Oil Prices at $60 per Barrel Until 2025 Posted by By Esther Udoh June 13, 2025 JP Morgan expects oil prices to remain in the low-to-mid $60s through 2025 and around…
Driving Nigeria’s Clean Future: CNG and Energy Innovation Posted by By Esther Udoh June 13, 2025 Nigeria is leveraging its vast natural gas reserves to advance the adoption of Compressed Natural…
Nigeria Cuts Reliance on Third-Party Offshore Crude Loading with Otakikpo Terminal – Lekoil Posted by By Esther Udoh June 12, 2025 Lekoil Nigeria Limited announced the successful completion and first crude export from the Otakikpo Onshore…
Egypt to Acquire LNG from Aramco, Trafigura, and Shell Posted by By Esther Udoh June 12, 2025 Egypt has agreed to purchase LNG cargoes from Saudi Aramco, Trafigura, Vitol, Shell, and others…
Nigeria Has Not Finalized Decision on Future Crude Sales by NNPCL Posted by By Esther Udoh June 12, 2025 The Federal Government has confirmed that no final decision has been made regarding the forward…
Gas Producers Decry ₦2.7 Trillion Government Debt Posted by By Esther Udoh June 12, 2025 Indigenous gas companies in Nigeria are struggling due to a ₦2.7 trillion government debt for…
Nigeria’s $5B Aramco Oil-Backed Loan Hits Snag Amid Price Drop Posted by By Esther Udoh June 11, 2025 Nigeria’s talks with Saudi Aramco for a $5 billion oil-backed loan have stalled due to…