The real-time price of Brent crude oil is at $72.84 per barrel, and the price of WTI crude oil is at $69.12 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

Miles away from Alesa-Eleme where Nigeria’s oldest Refinery is situated, one can see the orange tongue of flame teasing the ...

Miles away from Alesa-Eleme where Nigeria’s oldest Refinery is situated, one can see the orange tongue of flame teasing the ...

The government on Monday (December 2, 2024) scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in ...

2-Year U.S. Treasury Note Continuous Contract $103.066-0.020-0.02% 5-Year U.S. Treasury Note Continuous Contract $107.477-0.039-0.04% 10-Year U.S. Treasury Note Continuous Contract $110.938-0.063 ...

Some have raised questions on the timing of the commencement of operation of the Port Harcourt Refinery, as an attempt to sabotage Dangote.

Osifo further explained that while the Port Harcourt refinery produces diesel, kerosene, and naphtha, the refining process ...

Crude Oil flat amidst markets trying to balance possible US onshore glut against geopolitical risks. Headlines risk picks up as well on the 1,000th day of escalations between Russia and Ukraine.

Russian crude oil shipments dipped to a two-month low in the four weeks to November 17, as loadings from Russia’s Western ports slumped, tanker-tracking data monitored by Bloomberg showed on ...

Foucart said the OML 13, fully operated by NEPL and Natural Oilfield Services Limited, a subsidiary of SEEPCO Limited, has huge reserves of 330 million barrels of crude oil, 45 million barrels of ...