NNPC, others imported 1.56bn litres petrol in November – NMDPRA
Photo caption: NNPC logo The Nigerian National Petroleum Company Limited has resumed large-scale importation of petrol, barely a year after declaring it had stopped
Year : 2025
Tinubu sends 2026–2028 fiscal framework to Reps
Photo caption: President Bola Tinubu. Photo credit: State House President Bola Tinubu on Wednesday transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper
Tinubu raises panel to settle N1.5tn contractor debts
Photo caption: President Bola Tinubu. Photo credit: State House President Bola Tinubu on Wednesday expressed “grave displeasure” over the backlog of unpaid federal contractors and
No Nigerian firm can handle deep offshore drilling – Minister
Photo caption: Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri…Photo Credit: X(Heineken Lokpobiri,) The Minister of State for Petroleum Resources (Oil), Heineken
IEA trims oil glut forecast as supply surge halts
Photo caption: International Energy Agency (IEA) logo The oil market still faces record oversupply next year, according to the monthly report by the International
OPEC holds firm on bullish oil demand Outlook for 2026
Photo caption: OPEC logo Global oil demand will rise by about 1.4 million barrels per day (bpd) next year, supported by solid economic growth,
OPEC data indicate close oil supply-demand balance in 2026, no glut
Photo caption: OPEC logo World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections
US seizes oil tanker off Venezuela as Caracas condemns ‘act of piracy’
Photo caption: US flag US forces have seized an oil tanker off the coast of Venezuela, marking a sharp escalation in Washington’s pressure campaign
Oil tanker rates skyrocket 467%
Photo caption: Oil tanker The supertanker market has tightened this year as crude supply from OPEC+ and the Americas rises and vessels make increasingly
