Oil and Gas

Dangote oil refinery key equipment arrives from China

Dangote Petroleum Refinery and Petrochemicals Company on Sunday announced the arrival of the key equipment that would process crude oil…

Oil prices to average $62.50 in 2020 as oversupply to persist

Uncertainty over global economic and oil demand growth will continue to weigh on oil prices next year as the oversupply…

Brent oil prices weaken ahead of OPEC+ meeting

Oil prices fell on Friday as Russia appeared to advocate putting off a decision by the world’s top producers on…

Nigeria saves 30% of petrol use, says Customs CG

Nigeria’s fuel consumption has reduced by 30 per cent since the stoppage of petrol sale at towns/villages within 30 kilometres…

Oil prices edge high as cautious trade-pact optimism provides a floor

Oil prices edged higher Wednesday, on a path for a fifth gain out of six sessions, as cautious optimism for…

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