Oil & Gas
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When Debtors Strike Banks Back: Inside Nestoil’s ₦2.9trn Loan Debacle
The public spat between Nestoil Limited and three of Nigeria’s systemically important banks – Access, First Bank, and UBA –…
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OPEC+ Hikes Oil Production Quotas
Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed…
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NNPC Limited Records Major Breakthrough with Successful River Niger Crossing on OB3 Gas Pipeline
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing…
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NNPC Limited Records Major Breakthrough with Successful River Niger Crossing on OB3 Gas Pipeline
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing…
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EXCLUSIVE: Former Nigerian Oil Minister Diezani Branded A Fraud In UK Court As Prosecutor Says ‘You Are Lying To This Jury’
Lead prosecutor Alexandra Healy KC stood just feet from the witness box, stripping away Diezani’s carefully crafted image of a…
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Nigeria’s Crude Oil Output Hits Five-Year High of 1.71 Million Bpd, NNPC Says
Nigeria’s crude oil production rose to 1.71 million barrels per day between April 2025 and April 2026, the highest level…
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Brent Holds at $105 as Iran Talks Temper Rally – OIR 240426
This week’s $15 surge to $105 Brent is less a price discovery than a stress test of the post-1970s energy…
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NNPC Refineries Will Never Work Again, Says Obasanjo
As the Nigerian National Petroleum Company Limited continues its search for technical partners to operate the Port Harcourt, Warri, and…
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TotalEnergies Marketing Nigeria: A Balance Sheet Under Strain, But Not Without Levers
TotalEnergies Marketing Nigeria’s 2025 results read like a business caught between a collapsing topline and a cost base that refused…
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Energized for a Brighter Future: How Aradel Rewired Its Fundamentals in 2025
Aradel Holdings Plc’s unaudited 2025 results show a company that chose to build scale rather than wait for price, with…
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