The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that reports suggesting a price adjustment for Premium Motor Spirit...
Nigeria’s oil production has slumped by 104,062 barrels per day (bpd), raising concerns about the future of the country’s petrodollar...
Nigeria’s oil futures, Brass River and Qua Iboe, recorded gains on Wednesday as escalating conflicts in the Middle East and...
Standard Chartered, one of the leading financial institutions, has projected that global oil demand is poised to reach an all-time...
In a continued upward trajectory witnessed in oil and gas exploration activities, the rig count, an index measuring upstream activities,...
Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that the...
Rising crude oil prices are set to send Nigeria’s ‘secret’ bill for fuel subsidies rocketing, threatening to exacerbate the already...
As global leaders continue in the pursuit of cleaner energy, Ambassador Gabriel Aduda, Organization of the Petroleum Exporting Countries (OPEC)...
Tosin Thompson, CEO of Mezovest, has highlighted the significance of implementing a Compressed Natural Gas (CNG) and Liquefied Petroleum Gas...
The Federal Government has initiated a switch from diesel, a more expensive energy source, to Liquified Natural Gas- Compressed Natural...
Three new directives aimed at attracting new investments and halting the exodus of international oil companies (IOCs) are underway in...
Rising pump prices of diesel in Nigeria have left many businesses in a state of conundrum, choosing between shutting down...
Naira, Nigeria’s currency, recorded 0.58 percent gain over the US dollar amid a decline in supply of the greenback at...
Namibia could see an oil boom thanks to several major discoveries that suggest there could be more oil yet to...
Saudi Arabia’s majority-owned state-owned firm, Saudi Aramco, is paying shareholders $97.8 billion in dividends in 2023, an amount higher than...