- Saturday, June 13, 2026
BusinessDay
The frustrating petrol queues are to persist in Nigeria while the cost of fuel subsidy could grow beyond N5trillion annually...
Oil is trading near $140 a barrel early Monday after reports the Biden administration is considering whether to prohibit Russian...
Buoyed by the rise in global crude oil prices, the subsidy being incurred on petrol by the Nigerian government has...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a trading surplus of N37.50 billion for September 2021, representing...
Nigeria’s plan to complete the 700 megawatts Zungeru Hydroelectric Power Station has continued to suffer setbacks, rising insecurity in the...
Nigeria may be sitting on over 600TCF of unproven gas reserves, some of the highest untapped volumes on the continent,...
The growing chaos in the energy market heightened on Wednesday after sanctions against Russia caused the pull-out of major Western...
The $1.3bn planned deal between Seplat Energy Plc, a major energy company in Nigeria, and US-based ExxonMobil looks set to...
Oil shot to its highest level in more than nine years Thursday and wheat prices climbed above $11 a bushel...
The Nigerian National Petroleum Company(NNPC), Limited has informed Mobil Producing Nigeria Unlimited insisting on exercising the right of first refusal...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria’s proven natural gas reserve has risen to 209.5 Trillion...
As fuel scarcity continued to hit Nigerians and businesses hard on Wednesday, marketers under the aegis of the Independent Petroleum...
Energy major Chevron Corporation and Renewable Energy Group, Inc. (REG) has announced a definitive agreement under which Chevron will acquire...
Mele Kyari, the CEO of Nigeria’s state oil firm, says the new Nigerian National Petroleum Corporation (NNPC) Ltd formed by...
LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa is pleased to...
