Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates. The seven major producers will ...
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OPEC+ Hikes Oil Production Quotas, Silent on UAE Pull-out

Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates.

The seven major producers will add 188,000 barrels per day to their total...

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NUPRC, NLNG Deepen Collaboration to Raise Gas Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has reiterated commitment to enabling a business-friendly environment and advancing the federal government’s gas agenda.

The Commission’s Chief Executive (CCE), Oritsemeyewa Eyesan, voiced the commitment during a visit by the...

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NMDPRA Credits Dangote’s Disclosure of Aviation Fuel Price with Potential Market Stability

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said the indicative gantry price for aviation fuel released by Dangote Refinery will ensure market stability and compliance by marketers.

The agency’s Director of Public Affairs, Mr. George Ene-Ita, disclosed this...

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Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

The Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless.

This was detailed in a statement issued by its Group Chief Branding and Communications Officer, Anthony...

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‘He Can’t Compete’ — Presidency Mocks Obi Over ADC Exit

The Presidency has taken a swipe at Peter Obi following his recent exit from the African Democratic Congress (ADC), intensifying political tensions ahead of the 2027 general elections.

Reacting to the development, the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo...

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