The total prepaid expenses of four listed downstream oil firms on the Nigerian Exchange Limited rose by 34 percent last...
When oil jumped above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger....
The 650,000 a day Dangote oil refinery came with huge promise for Nigeria’s economy gut now the plant is beginning...
In a move that is sure to bring welcome relief to businesses and manufacturers struggling with the high cost of...
The federal government’s new gas pricing policy that allows producers to sell at a controlled price regardless of their cost...
Dangote Refinery has commenced the sale of Automotive Gas Oil (diesel) to oil marketers across Nigeria. This milestone was confirmed...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced a new base price for natural gas at $2.42...
Oil suppliers in the United States have muscled their way into the markets once dominated by Nigeria and other members...
Major oil and gas companies in Europe, following a trend set by their US counterparts, are prioritising short-term profits from...
Nigeria’s oil industry is showing positive signs with the number of producing fields reaching 246, according to the Federal Government...
Amid a nationwide energy crisis, Nigeria finds itself grappling with a peculiar irony as gas meant to alleviate power shortages...
Amid a nationwide energy crisis, Nigeria finds itself grappling with a peculiar irony as gas meant to alleviate power shortages...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has again announced a new date for the completion of Nigeria’s $2.8billion...
Troops have uncovered a staggering 102 dugout wells believed to be used in oil theft activities, in a major crackdown...
The Johannesburg Stock Exchange (JSE) has suspended trading in shares of Nigerian oil and gas company Oando Plc. The suspension,...