The federal government plan to achieve 25,000 megawatts of electricity may not be completed on time because of delay in...
Prolonged low oil prices environment is making oil companies speed up the digitalisation of processes to push down operating costs,...
Saudi Arabia plans to keep oil production steady despite a recent slump in prices, fearing any bigger output cuts would...
Sahara Energy Logistics Holding Limited (a Sahara Group company) and Société Nationale d’Opérations Pétrolières de la Cote d’Ivoire (The National...
Whether it’s the Republican candidate Donald Trump or Democratic candidate Joe Biden, the winner of the forthcoming United States presidential...
Nigeria expects to save as much as one trillion naira ($2.6 billion) a year after it abolished subsidies paid...
Mele Kyari, the Group General Manager of the Nigerian National Petroleum Corporation, NNPC late Wednesday said the federal government has...
Nigeria’s Federal Government on Tuesday said it would henceforth no longer release guiding price bands for Premium Motor Spirit (PMS),...
The decision to allow market forces to determine the price of Premium Motor Spirit (PMS) popularly known as petrol resulting...
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil...
Agusto & Co, an indigenous African credit rating agency is forecasting a revenue fall of about N4.3 trillion by oil...
Nigeria’s ambitious objective of commercialising gas flares from the country’s over a hundred flare sites appears to be yielding positive...
The Federal Government on Monday stressed that it can no longer sustain the subsidy on petrol, disclosing that the ‘unsustainable’...
Nigeria’s President Muhammadu Buhari on Monday reiterated that the country was not going back on the cancellation of the subsidy...
Eight years ago, Mark James (not real name) was one of the people who lined the streets of Lagos carrying...