Nigeria’s 13 Percent Oil Derivation Rule Explained
Nigeria's 13 percent derivation fund for oil-producing states is a constitutional minimum, not a ceiling, and Bayelsa Governor Douye Diri...
October 13, 2026Topic
crude exports
Port Harcourt Refinery Protest: 7 Months Unpaid
Port Harcourt refinery workers blocked the gate over seven months of unpaid salaries and threatened a 48-hour shutdown. See what...
October 7, 2026
Saudi Arabia Halts Its Main Oil Pipeline After Drone Strikes Launched From Iraq
Saudi Arabia shut its East-West pipeline after drone attacks, while Houthi forces seized Mayun Island near the Bab el-Mandeb shipping...
September 13, 2026
Angola Oil Revenue Hits US$8.91B as China Buys over Half
Angola oil revenue reached US$8.91 billion in the second quarter of 2026, up 54.71% year on year, with China taking...
August 1, 2026