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Shell tables claims against Venture Global LNG over unsupplied cargoes as NLNG also faces arbitration hurdles

    Shell tables claims against Venture Global LNG over unsupplied cargoes as NLNG also faces arbitration hurdles

Shell Plc has filed complaints with US regulators against Venture Global LNG (VGL), the LNG exporter, for breach of contract to supply cargoes. This follows VGL’s restriction of liquefied natural

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APC chieftain asks Tinubu to intervene in Dangote refinery diesel pump price

    APC chieftain asks Tinubu to intervene in Dangote refinery diesel pump price

Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress (APC) in Osun state, has asked President Bola Tinubu to intervene in the pump price of diesel at the Dangote refinery. 

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Report: Nigeria struggling to find oil buyers over demand shortfall in Europe

    Report: Nigeria struggling to find oil buyers over demand shortfall in Europe

Nigeria is struggling to find buyers for its crude oil due to a shortfall in demand from Europe, Bloomberg is reporting. According to a report on Friday, strikes in the

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Lokpobiri: Why oil production dropped in Q1 2024

    Lokpobiri: Why oil production dropped in Q1 2024

Heineken Lokpobiri, minister of state for petroleum resource (oil), says the drop in crude oil production in the first quarter of 2024 is due to challenges with the Trans-Niger pipeline

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OPEC: Nigeria’s oil production dropped by 6% to 1.23m bpd in March

    OPEC: Nigeria’s oil production dropped by 6% to 1.23m bpd in March

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped to 1.23 million barrels per

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Eterna appoints Abiola Lawal as CEO

    Eterna appoints Abiola Lawal as CEO

The board of Eterna Plc has appointed Abiola Lawal as the new managing director and chief executive officer (CEO). Eterna,

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IPMAN: Dangote refinery to sell 1m litres of diesel to oil marketers

    IPMAN: Dangote refinery to sell 1m litres of diesel to oil marketers

The Dangote Petroleum Refinery has fixed the minimum volume of automotive gas oil (AGO), also known as diesel, that can

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Crude oil price rises to $87 per barrel — highest since October 2023

    Crude oil price rises to $87 per barrel — highest since October 2023

Crude oil prices, on Monday, increased to a five-month high. Brent crude increased by 0.56 percent to $87.54 a barrel

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‘EFCC failed to prove case’ — FCT court discharges, acquits Adoke in OPL 245 trial

    ‘EFCC failed to prove case’ — FCT court discharges, acquits Adoke in OPL 245 trial

Justice Abubakar Kutigi of the FCT high court has dismissed the charges of fraud, bribery and conspiracy filed against Mohammed

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‘It’s false’ — NNPC denies adjusting pump prices of petrol, diesel

    ‘It’s false’ — NNPC denies adjusting pump prices of petrol, diesel

The Nigerian National Petroleum Company (NNPC) Limited says it has not adjusted the pump price of premium motor spirit (PMS),

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