OPEC+ Struggles to Enforce Oil Quota Compliance Remain Unconvincing
OPEC+ is once again urging members to compensate for exceeding oil production quotas, but recent…
Kaduna Refinery Overhaul Aimed at Shielding Nigeria’s Economy from Oil Price Fluctuations
The Kaduna Refinery rehabilitation project has reached 81.1% completion, according to the Nigerian Midstream and…
Dangote Petroleum Refinery Lowers Gantry Price of Petrol to N835 per Litre
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit…
Oil Prices Fall Amid Ongoing Tariff Disputes
Oil prices fell as traders assessed the impact of ongoing US tariff tensions, with concerns…
Fuel Imports into Mexico from Texas Halted as Border Checks Intensify
Fuel shipments from Texas to Mexico have come to a standstill due to increased inspections…
Q1 2025 Outlook Bright for TotalEnergies Following Surge in Gas Sales
Analysts expect a strong Q1 2025 performance from TotalEnergies, driven by increased oil and gas…
Nigeria, Other Nations Facing Decline in Hard Currency Earnings Due to Falling Oil Prices
The recent sharp drop in oil prices, driven largely by U.S. President Donald Trump’s tariffs,…
Major Impact Expected from OPEC+ Policy Adjustment
In a recent report to Rigzone, Standard Chartered Bank analysts, led by Commodities Research Head…
Nigeria, OPEC Nations to Respond with Actions Amid Falling Oil Prices”
Nigeria is joining other oil-producing nations to take action against the ongoing decline in oil…
NNPCL to Incorporate Hydrogen Research into Long-Term Plans
The Nigerian National Petroleum Company Limited (NNPCL) plans to incorporate green hydrogen feasibility studies into…