According to a recent report, Nigeria lost over N720 billion in revenue in February and March 2024 due to its crude oil production declining month after month.It was also announced that Nigeria missed...
Recent data from the federal government of Nigeria revealed that the nation's oil output rose to 1,426,574 barrels a day in January 2024.If these figures continue to increase, Nigeria will have more f...
The long-awaited refinery has officially begun to Operate in Nigeria, what a big accomplishment by the Nigeria billionaire Aliko Dangote. The refinery begins operation. “Estimated to gen...
DVCF Oil & Gas Plc, a substantial shareholder in waste management and industrial cleaners at The Initiates Plc, has sold off 9,468,900 units of its shareholding worth about N10.131 million.The sal...
Today, Brent crude oil reached $83 per barrel following the meeting of the Organization of Petroleum Exporting Countries (OPEC), as it holds today.At around 7:47 AM, GMT+1, the review of global prices...
On Wednesday, Members of the OPEC+ producer in Africa Angola and Nigeria disclosed that they are planning on increasing the oil output for next year. However, the meeting to talk about next year’s p...
What Is Crude Oil?Crude oil, also known as petroleum, is a naturally occurring yellowish-black liquid mixture that is mainly hydrocarbons and is usually found in geological formations. The name p...
Oil prices recovered on Tuesday after witnessing a massive three-week , which was a result of the pressure of the United States dollar and the global economic negative trend. Brent crude oil rose...
On Thursday, September 28, Brent Crude oil rose to $97.2 per barrel making it to reach its highest level since it climbed in November last year.The surge in oil prices was driven by the rise in ...
Conoil Plc has recently awarded its shareholders with a total dividend payout of N1.73 billion for the year ended December 31, 2022.The company made the announcement last weekend when it released a st...