Browsing: Oil and Gas
Dangote Warns of Global Oil Shocks A foremost industrialist, Alhaji Aliko Dangote, has warned that Middle-East tensions driving global oil…
Oil Prices Dip as Iran Allows Ships Through Strait of Hormuz Brent crude oil traded at $107.68 per barrel in…
The Saudi Defense Ministry said Thursday air defenses intercepted a ballistic missile targeting the Red Sea port of Yanbu and reported a drone impact at a key oil refinery as regional tensions escalate.
The US Energy Information Administration (EIA) has raised its average oil price forecast for 2026, citing heightened geopolitical tensions and disruptions to oil shipments through the Strait of Hormuz.
President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project.
Dangote Refinery’s Petrol Price Adjustment: Market Realities Behind the Hike The recent adjustment in petrol prices by Dangote Refinery has…
Brent Crossed $83 as Iran Blocks Oil Shipping Channel Brent crude crossed $83 per barrel on Wednesday as Iran blocked…
Dawes Island Oil Field Secures $109m Funding From REIN Capital Dawes Island Marginal Oil Field has secured 109 million dollars…
OPEC+ to Raise Oil Output in April The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group…
Oil prices are set to jump sharply when trading resumes Sunday night, as unprecedented U.S. and Israeli strikes on Iran have intensified Middle East tensions.