Russia’s Rostov Oil Refinery Fire Extinguished After Ukrainian Drone Attack
A fire at Russia's Rostov oil refinery has been extinguished nearly a week after a…
Oil
Nigeria’s Oil-Producing States Receive N611 Billion Debt Relief from Derivation Fund
The 13% derivation fund has eased the debt burden of oil-producing states in Nigeria by…
CNOOC Limited Expands Indonesian Presence with New PSCs for Exploration Blocks
CNOOC Limited subsidiaries sign production sharing contracts for exploration blocks in Indonesia, marking a significant…
88 Energy Releases Half-Year Report, Highlighting Significant Progress and Milestones
88 Energy's half-year report showcases the company's achievements and advancements in the oil and gas…
Nigerian Oil Investor Sets Record Straight on Multimillion-Naira Petroleum Station
A Nigerian oil investor has debunked rumors surrounding the ownership of a multimillion-naira petroleum station…
Palm Oil Industry Takes Giant Leap Towards Sustainability with ISPO Certification
Four palm oil companies receive ISPO certification, driving sustainability in the industry
Global Oil Market Sees Price Drop Amid Russia-Ukraine Supply Concerns
Crude oil prices have slipped after reaching a 2-week high due to supply worries stemming…
Global Oil Market Sees Fluctuations Amid Russia-Ukraine Supply Concerns
Oil prices ease after reaching a 2-week high due to supply concerns stemming from the…
Nigeria and Brazil Strengthen Economic Ties: Petrobras Set to Return to Nigerian Market
Nigeria signs five MoUs with Brazil, paving the way for Petrobras' return to the country's…
Nigeria Cracks Down on Oil Theft: Pipeline Burst Halted, Economy Set to Rebound
The Nigerian government has successfully halted oil theft through pipeline bursts, paving the way for…