EU Poised to Recommend Phasing Out Russian Gas Imports by Late 2027
The European Union plans to propose a ban on Russian gas imports…
NNPCL Extends Strategic Support to Dangote Refinery, Says Aliko Dangote
Aliko Dangote praised President Bola Tinubu for appointing a capable leadership team…
Crude dips below $60, raising naira, deficit fears.
Nigeria faces twin economic threats as Brent crude falls below $60, risking…
Shell Adopts More Aggressive Stance on BP Acquisition – Report
Shell is actively exploring a potential takeover of BP, assessing its feasibility…
Chevron Reduces Buybacks While Exxon Holds Steady Amid Oil Price Drop
Chevron announced a 30% reduction in share buybacks for Q2, lowering the…
Shell Demonstrates Resilience by Staying the Course During Oil Market Downturn
Shell Plc reaffirmed its commitment to investor returns and capital spending despite…
NipCo Reaffirms Commitment to Safety in Downstream Petroleum Sector
Marking the 2025 World Day for Safety and Health at Work, NIPCO…
ExxonMobil Reports $7.7 Billion Profit in Q1 2025 Despite Decline in Oil Prices
ExxonMobil reported first-quarter 2025 earnings of $7.7 billion, a decline from $8.2…
April Sees Drop in OPEC Oil Output
OPEC's crude oil production dropped by 200,000 barrels per day in April…
EU Endorses Nine Green Energy Initiatives in Finland and Estonia
The European Commission has awarded €52 million ($58.7 million) through the EU…
