13 of 50 Oil Blocks in 2025 Licensing Round to Return to Basket, Eyesan Reveals
DDNewsOnline – Lagos July 13, 2026 The Federal Government has disclosed that 13 of the 50 oil and gas blocks offered under the 2025 Licensing Round will be returned to…
Ogun Oil Exploration a Fulfilment of Gbenga Daniel’s Vision – Ex-Governor
Former Ogun State Governor, Otunba Gbenga Daniel, has declared that the recent recognition of Ogun State as a frontier state for oil exploration by the Nigerian National Petroleum Company Limited…
Oil Prices Rise Again as Middle East Tensions Shake Global Markets
Global oil prices climbed sharply on Monday as renewed tensions in the Middle East increased fears of possible disruptions to global energy supply. Investors are becoming increasingly concerned that continued…
UAE Temporarily Shuts Down Ruwais Refinery After Drone Strike Sparks Fire – Major Blow to Gulf Oil Output Amid Escalating Conflict
The United Arab Emirates has temporarily suspended operations at the Ruwais Refinery, one of the world’s largest crude oil processing facilities, after a drone strike ignited a fire in the…