The Dangote Petroleum Refinery and Petrochemicals (DPRP) has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream market.

A source at the company confirmed that its pricing structure remains intact, with the gantry price at...

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The Organisation of Petroleum Exporting Countries (OPEC) crude oil production plunged by the most in at least four decades in March as conflict in the Middle East throttled exports from key members, according to a Bloomberg survey.

Output from OPEC collapsed by 7.56 million barrels a day or about...

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The Crude Oil Refinery Owners Association of Nigeria (CORAN) would be holding the third edition of the Nigeria Oil Refining Summit (NORS) 2026, in Lagos, in September.

The leading industry platform disclosed that the summit will convene policymakers, regulators, refinery operators, investors,...

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Nigeria’s crude oil production has surged to 1.8 million barrels per day (bpd), and the National Assembly (NASS) says a key factor behind this revival is the pipeline surveillance contract awarded to Tantita Security Services.

During a parliamentary roundtable on Wednesday, the joint Committees...

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Stakeholders in Nigeria’s oil and gas sector have called for stronger accountability, inclusive development, and effective implementation of the Petroleum Industry Act (PIA) to ensure host communities benefit meaningfully from oil exploration activities.

The call was made during the 2nd KEFFESO...

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