Crude oil prices fall as US–Iran reach peace deal
Oil prices have tumbled after the United States and Iran said they had reached a deal to end their war…
Nigeria exceeds OPEC oil production quarter, hits 15-month high
Nigeria’s crude oil production rose above its Organisation of the Petroleum Exporting Countries production quota in May 2026, with the…
NNPCL, security agencies intensify fight against pipeline theft
The Nigerian National Petroleum Company Limited (NNPCL) and several security agencies have intensified efforts to stop pipeline theft after 24…
SENATE ORDERS ARREST OF EX-NNPC BOSS OVER MISSING N210 TRILLION
The Senate Committee on Public Accounts, on Wednesday, ordered the arrest of the immediate past Group Chief Executive Officer of…
Oil sector attracts $460,000 in first quarter…but – NBS
Despite the oil and gas sector recording a 283.3% increase in foreign capital inflows in the first quarter of 2026,…
Why international oil companies are leaving Nigeria
The Managing Director and Chief Executive Officer of the Niger Delta Development Commission, Dr Samuel Ogbuku, has provided more insight…
‘Nigeria imports 25m litres of petrol daily’
The Federal Government on Wednesday disclosed that Nigeria’s petrol consumption has dropped to 50 million litres per day with local…
Transforming Sierra Leone’s Maritime industry for a bright Future
The Sierra Leone Ports and Harbours Authority (SLPHA), established by Act No. 29 of 2023, has witnessed a pivotal transformation…
Petroleum Downstream Sector: A Compelling place to invest
Sierra Leone has emerged as one of the most competitive countries for productive investments in Africa due to many factors.…
FGC Meets Local Refiners over Pricing, Faults Dangote
The Federal Government, on Tuesday, declared that there was no importation of dirty fuel into Nigeria, countering the recent position…