Timipre Sylva, the minister of State for Petroleum Resources, says Nigeria is unable to meet the Organisation of the Petroleum...
Russia’s war with Ukraine is causing turmoil in global markets on account of massive re-pricing of commodities due to supply...
The Transmission Company of Nigeria (TCN) has said the current load shedding being experienced nationwide is as a result of...
In the face of rising crude oil theft and low oil production due to inefficiencies inherent in the production process,...
The latest surge in diesel prices as a result of the war between Russia and Ukraine will hit states like...
The petrol subsidy to be incurred by the Nigerian government this year looks set to outpace its budgeted oil revenue...
Like many business owners across Nigeria, Joseph Martins, who plies his trade in the country’s commercial capital, Lagos, depends largely...
From haulage to consumer goods, retail outlets, small businesses, manufacturers all are coming under pressure as the retail cost of...
Nigeria lost over $2bn to crude oil theft and vandalism in 2020, prompting the federal government’s revenue from the oil...
The U.S. and the U.K. will impose a ban on imports of Russian energy on Tuesday without the participation of...
Shell Plc announced today its intention to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products,...
The Nigerian National Petroleum Corporation (NNPC) is seeking to scuttle Seplat Energy Plc’s deal for the purchase of ExxonMobil shallow...
Due to vast undeveloped deepwater resources, untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade,...
The global electricity demand increased by 6 per cent in 2021 on the back of strong economic growth combined with...
As the energy transition accelerates and countries and consumers strive to decarbonize, global battery demand could increase exponentially and reach...