- Friday, July 24, 2026
BusinessDay
Some oil and gas experts has urged the Federal Government to put an end to gas flaring and harness it for...
Oil price has fallen by almost 50 percent since June 2014 from around $115 a barrel to less than $60...
For years, Organisation of Petroleum Exporting Countries (OPEC) pulled the strings set the price of oil and controlled the supply....
Oil’s slump has almost doubled the value of India’s big, state-owned refiners, outpacing the rest of the industry from China...
In a bid to continually engage and inform stakeholders about its unique offerings and superior product technology, Mantrac Nigeria Limited, the authorised Caterpillar dealer in Nigeria, recently...
Despite several assurances, the Federal Government has failed to meet its target of 4,000 megawatts of electricity supply because of the high spate of gas...
The Renewable Energy Master Plan (REMP), which seeks to increase the supply of renewable electricity from 13 percent of total...
Oil producers outside of OPEC should cut output with excess supplies harming the market, the United Arab Emirates energy minister...
Nigeria’s deposit money banks (DMBs) have signed agreements that will enable them begin to disburse the N213 billion Nigeria Electricity Market Stabilisation Facility (NEMSF) that the Central Bank of Nigeria...
A total of $22 billion will be lost by Nigeria in the form of tax holiday and divestment tax forfeitures...
Global crude prices fell more than $1 a barrel on Thursday, retreating from a short-covering charged rally as traders bet...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has directed petroleum marketers to sell products from all pumps at their respective...
There will be seven hour power supply interruption to some areas within its network in Lagos on Thursday , Eko Electricity...
Brent crude settled at sub-$62 per barrel – the lowest level since 2009, as investors increased their short positions in...
The Nigerian National Petroleum Corporation’s (NNPC) monthly petroleum information reveals that the nine marginal fields produced 12. 43 million barrels...