Category: Energy News

Oil Majors Borrow Billions for Buybacks as Production Wanes

With oil prices declining over the past two...

Energy News, Insights

22 Jan 2025

Federal Govt approves license for 10,000 barrels per day refinery

The latest development signifies that Nigeria now has...

Energy News

22 Jan 2025

NNPCL raises Petrol Price to N990 in Abuja, N965 in Lagos

The new price template effected nationwide on Tuesday...

Energy News

21 Jan 2025

India refiners ask ADNOC to offer oil delivered price as freight spikes, sources say

The world's No. 3 oil importer and consumer...

Energy News, Insights

21 Jan 2025

NMDPRA: Why We Issued Import Licenses Despite Local Refining by Dangote

The regulatory authority said it actively monitors developments...

Energy News

21 Jan 2025

Navy Intercepts Wooden Boat with stolen 40,000 Crude Oil

According to the commanding officer of the base,...

Energy News

21 Jan 2025

NOSDRA Seeks Repair of Rivers leaking Wellhead

The Director-General of the National Oil Spill Detection...

Energy News

20 Jan 2025

Nigeria Leads Africa in Oil Production with Increased Output in November

Nigeria retained its spot as Africa's top oil...

Energy News

12 Dec 2024

Libya to Launch New Oil Exploration Licenses in Early 2025

Libya plans to launch new oil exploration licenses...

Energy News

11 Dec 2024