Biden’s U.S. election win may curb oil drilling, super-charge renewables
Biden’s victory could end up reshaping the U.S. energy sector in years to come, although the president-elect may have limited…
Petroleum products shipment: Concerns mount over $120m yearly losses
Senate’s investigation into allegations of abuse of the Nigerian coastal and local content laws has recorded a twist, following fresh…
Oil demand to peak in 2028 accelerated by Covid-19 and energy transition – Rystad
The Covid-19 pandemic and energy transition are expected to expedite peak oil demand to 2028 and cut demand levels to…
Oil price slump threatens Nigeria’s 2021 budget – FG
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the resurgence of COVID-19 in Europe, which has…
FG to begin exploration of oil in Chad Basin soon — Sylva
The Federal Government on Wednesday said it was willing to resume oil exploration in the Lake Chad Basin, PUNCH reports.…
Waltersmith says modular refinery near completion
Five states in Nigeria’s south east region will have daily supply of 271 million litres of refined petroleum products from…
Oil price rises after Trump falsely claims victory in tight U.S. election
Oil prices rose nearly 3% on Wednesday after President Donald Trump falsely claimed victory in a tight U.S. election with…
Dangote Refinery staves off workers’ protest
Dangote Refinery management has managed to stave off a brewing protest by workers asking for better wages and remunerations. Early this…
Fuel pump price remains high as oil sells for $37/b
Despite crude oil prices falling to $36 per barrel in the last few days, Premium Motor Spirit (PMS) is still…
Nigeria’s refineries damaged beyond Turnaround Maintenance – NNPC
The Nigerian National Petroleum Corporation (NNPC) yesterday attributed the prolonged neglect of overhauling the refineries in the country to the…