Crude oil prices have fallen significantly since the beginning of 2020, largely driven by the economic contraction caused by the...
There might be a new turn in sight as Russia pushes for a new OPEC+ deal to balance oil markets....
Costs of the three weeks old price and volume wars in the global oil market are growing for both Russia...
Transmission Company of Nigeria (TCN) on Tuesday informed that its engineers had completed repair work on one of its 60MVA...
In response to virus-induced low oil demand, the world’s biggest oil companies are collectively slashing off an estimated $35bn in...
In compliance with the Federal Government’s directive on the COVID -19, the Management of the Nigerian National Petroleum Corporation (NNPC)...
The African Development Bank (AfDB) and the Africa Growing Together Fund (AGTF) have released $200 million in co-financing for the...
Chevron Corporation today announced several steps it is taking in response to market conditions occasioned by the ravaging coronavirus also...
The solar energy is the latest sector to take a hit from the deadly coronavirus pandemic which is undoubtedly taking...
Dara Osaloni, a senior country manager at Impala Energy, a firm that provides power solution for industries in Nigeria and...
Each time oil prices crash below Nigeria’s budget benchmark, the argument to discard the country’s costly petrol subsidy resurfaces but...
Some parts of the economy are grappling with pandemic-driven shortages. The oil industry has the opposite problem, the global market...
Samsung Heavy Industries Nigeria (SHIN) says it has recorded another major milestone in its operation after obtaining approval to expand...
The Department of Petroleum Resources (DPR), Warri Zonal Office on money warned petroleum marketers against hoarding the product, assuring that...
As the coronavirus case begins to multiply, oil companies operating in Nigeria have decided to restrict business contacts across their...