Nigeria

*A truck loading PMS at the Port Harcourt Refinery. – PETROAN demands strict adherence to 30-day repair timeline Mkpoikana Udoma Port Harcourt — The Port Harcourt Refining Company, PHRC, has commenced the shutdown of its […]

*Oil prices Lagos — The crude oil market is currently experiencing increasing volatility, reflecting the intense pressure it faces from multiple fronts—ranging from bearish signals in the U.S. market, to potential geopolitical escalation in the […]

*L-R: Manager, Strategy and Sustainability, NNPC Gas Marketing Limited (NGML) Daniel Aso; Team Lead on Gas, Office of The Special Adviser to The President on Energy, Lateef Biobaku; Managing Director, Shell Nigeria Exploration and Production […]

*Crude oil stock. Lagos — Crude oil futures rose in the face of rising geopolitical tensions in the Middle East, sparked by reports that Israel may be preparing a strike on Iranian nuclear facilities. The […]

*Oil prices Lagos — Oil prices were volatile, returning to near $62 a barrel after reaching as high as $64. Prices retreated after the latest EIA report showed a surprising 1.3 million barrel build in […]

Port Harcourt —Secretary General of the African Petroleum Producers’ Organization, APPO, Dr. Omar Farouk Ibrahim, has called on Nigeria to extend its leadership in local content and industrial capacity beyond its borders to other African […]

*Crude oil tanker in Zhoushan – Reuters Lagos — Crude oil futures stabilized to a certain extent but could continue to see volatility risks. On the supply side, negotiations over Iran’s nuclear program appear stalled, […]

*NNPC operated Port Harcourt Refinery. Mkpoikana Udoma Port Harcourt — The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has raised the alarm over persistent delays in the completion of the Port Harcourt Refinery […]

– YEAC-Nigeria demands urgent action Mkpoikana Udoma Port Harcourt — A fresh crude oil spill has rocked Oshika community in Ahoada West Local Government Area of Rivers State, sparking environmental concerns and calls for accountability. […]

Lagos — Crude oil futures remained capped below USD 62 per barrel as market sentiment was weighed down by Moody’s downgrade of the U.S. sovereign credit rating. The latter raised concerns about the country’s growing […]