The Nigerian government has the difficult prospect of burning over N6trillion on petrol subsidies next year amidst competing needs or...
With oil theft and pipeline vandalism overwhelming Nigeria’s oil business in recent weeks, the Nigerian National Petroleum Company Limited (NNPC)...
The Federal Government is pegging the 2023 budget on an oil price benchmark of $70 per barrel and a daily...
Nigeria says it will implement a security infrastructure similar to that of Saudi’s Aramco to protect its oil pipelines and...
The Federal government on Tuesday said crude oil theft has become a widespread phenomenon involving all strata of the society...
New solar installations around the world are poised to grow by a “staggering” 30 percent this year, and the industry...
As the global energy crisis deepens and countries scramble for reliable energy sources, investments in new liquefied natural gas (LNG)...
The Federal Government is pegging the 2023 budget on an oil price benchmark of $70 per barrel and a daily...
Nigeria’s economy expanded faster than expected in the second quarter, but its key oil sector is languishing despite booming prices....
Despite oil prices trading at over $100 per barrel, 60 percent higher than a year earlier, the latest data from...
The Ministry of Power has become the latest key sector of the economy to work towards replicating the success achieved...
The Major Oil Marketers Association of Nigeria (MOMAN) says ending subsidy on Premium Motor Spirit (PMS) is extremely difficult but...
The Federal Government’s decision to engage a former militant in a multimillion naira pipeline security contract is fueling new agitations...
The Nigerian government is considering declaring a state of emergency in the oil sector following continuing sabotage of oil and...
The Nigerian government is weighing declaring a state of emergency in the oil and gas sector following a series of...