BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Nintendo increases annual sales projections for Switch 2 as pre-orders surge globally. Get the latest on pricing, features, and market strategy.
Discover how Nigeria is shifting from temporary fixes to comprehensive solutions for the decades-long oil spill nightmare in the Niger Delta. Learn about the integrated approach that could transform the region's environmental future.
Discover how Okomu Oil Palm Company's partnership with PIND Foundation is driving remarkable economic growth and infrastructure development in Edo State's oil palm communities through innovative CSR programs.
Energy rights advocates stage powerful protest in Abuja, calling on National Assembly to pass crucial legislation addressing abandoned oil infrastructure and environmental hazards in Niger Delta communities.
Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.
Hundreds of protesters flooded Nigeria's capital demanding immediate withdrawal of the Oil Decommissioning Bill 2024, citing environmental and economic concerns for oil-producing communities.
A Nigerian man's revelation of his entry-level compensation package at an oil company has sparked massive reactions online, with many stunned by the attractive benefits.
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
OPEC+ agrees to boost oil output by 500,000 barrels daily starting January 2024, potentially impacting global oil prices and Nigeria's economic outlook.
Get ready for massive discounts as Jumia Nigeria launches its 2025 Black Friday festival with extended 3-week deals across all categories including electronics, fashion, and groceries.
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
In a major security operation, the Nigerian Navy has dismantled an illegal refinery and arrested seven individuals across multiple communities in Ondo State, dealing a significant blow to oil theft activities in the region.
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
Travel agencies sound alarm as foreign airlines' dollar-denominated ticket sales drain local economy and threaten industry survival. Exclusive investigation reveals the devastating impact.
Apple continues to dominate the tech world with better-than-expected earnings, driven by strong iPhone sales and growing services revenue. Discover how the tech giant is beating market predictions.
MOSOP President reveals how Ogoniland remains impoverished despite massive oil wealth, demanding environmental justice and development from Nigerian government.
Chinese electric vehicle powerhouse BYD reports impressive 33% profit surge in Q3 2024, defying market slowdown and expanding global dominance with aggressive overseas strategy.
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
Shell records massive profit jump to $7.7 billion amid rising oil prices, signaling positive trends for Nigeria's oil-dependent economy and energy sector investments.
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
Nigeria's anti-graft agency prosecutes five foreigners and their companies for massive crude oil theft in Rivers State, exposing sophisticated illegal bunkering operations.
Nigerian student groups are urging President Tinubu to prioritize domestic refining by allocating all crude oil to Dangote Refinery, promising cheaper fuel and economic revival.
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
Nigerian students unite in calling for domestic crude oil allocation to boost local refining capacity and tackle fuel scarcity crisis.
In a major crackdown on oil theft, the Nigerian Navy has raided and completely dismantled a sophisticated illegal refinery operation hidden within Ondo State's riverine communities.
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Exclusive report reveals how Venezuelan oil tankers navigate through dangerous Caribbean waters filled with drug trafficking vessels while maintaining crucial energy exports.
French court orders Apple to compensate major telecom operators for unfair iPhone sales terms that hurt competition in the French market.