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Dangote Refinery Cuts Petrol Price Again, Now N835/Litre

The Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, now...

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Petrol Prices Surge: NNPC Raises Rates Amid Market Shifts

The Nigerian National Petroleum Company Limited (NNPC) has adjusted its fuel prices, raising them to N925 per litre in Lagos and N950 per...

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Saudi Arabia Holds Talks with Nigeria to Stabilise Global Oil Market

The Minister of Petroleum, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al-Falih, Wednesday, held talks with the Federal Government...

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Oil Market Uncertainties Will Affect 2017 Budget, Says Kachikwu

Minister of State for Petroleum Resources, Ibe Kachikwu, says the 2017 budget implementation will be affected by growing uncertainties in the global oil...

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President Buhari Seeks OPEC Members’ Cooperation to Stabilize Oil Market

President Muhammadu Buhari on Sunday in Doha emphasised the need for member states of Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members...