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    Brent Crude Tops $72 as US‑Iran Tension Deepens

    Downstream Sector February 20, 2026

    Global crude prices have strengthened sharply this week, with Brent crude climbing above $72  per  barrel and West Texas Intermediate…

    IGP, House Committee Move to Boost Security in Downstream Petroleum Sector

    News February 20, 2026

    Inspector General of Police (IGP) Kayode Adeolu Egbetokun has met with members of the House of Representatives Committee on Petroleum…

    Dangote Refinery Plans 600 Vessel Calls Yearly as Operations Expand

    Economy February 20, 2026

    Nigeria’s downstream oil and gas landscape is entering a new phase as the Dangote Refinery intensifies its maritime operations. With…

    Global Oil Demand Falls 614,000 Bpd in December

    Economy February 19, 2026

    Global oil demand slumped by 614,000 barrels per day (bpd) in December 2025, signalling a sharp slowdown in consumption at…

    PENGASSAN Rejects Tinubu’s Order on NNPCL Revenue Remittance

    News February 19, 2026

    The Federal Government is facing growing resistance in the oil sector after the Petroleum and Natural Gas Senior Staff Association…

    AGO Vessels Arrive as PMS Scarcity Spikes

    BREAKING February 19, 2026

    Nigeria’s downstream petroleum logistics chain recorded renewed vessel activity mid-February as multiple tankers carrying Automotive Gas Oil (AGO), and LPG…

    Dangote Petrol Price Hits ₦800/Litre as Sales Remain Suspended

    Downstream Sector February 19, 2026

    Petrol prices at Lagos depots climbed sharply on Thursday, with Dangote-linked PMS now trading at ₦800 per litre, up from…

    Brent Crude Jumps Above $71, Fuel Price Hike Imminent

    International Oil Market February 19, 2026

    Global oil markets extended gains on Thursday, with Brent crude trading above $71 per barrel, intensifying concerns that domestic fuel…

    Tinubu Orders Direct Oil Revenue Remittance to Federation Account

    BREAKING February 19, 2026

    President Bola Ahmed Tinubu has signed an Executive Order mandating the direct remittance of oil and gas revenues to the…

    Oil Prices Climb 3% on Breakdown in Russia–Ukraine Negotiations

    International Oil Market February 18, 2026

    Crude oil prices climbed nearly 3 percent after peace talks between Russia and Ukraine ended without progress, reviving concerns that…

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    Brent Crude Tops $72 as US‑Iran Tension Deepens

    February 20, 2026

    IGP, House Committee Move to Boost Security in Downstream Petroleum Sector

    February 20, 2026

    Dangote Refinery Plans 600 Vessel Calls Yearly as Operations Expand

    February 20, 2026

    Global Oil Demand Falls 614,000 Bpd in December

    February 19, 2026

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