Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s metering gap continues to widen with more than seven million electricity...
The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at its retail outlets. This increase is in response to rising global...
Oil prices remained steady on Wednesday as investors assessed the potential impact of U.S. President Donald Trump’s newly announced energy policies. Brent crude oil, against which...
Justice Adamu Turaki Mohammed of the Federal High Court, Port Harcourt, Rivers State, has ordered the arrest of 440 cargo of 150,000 metric tonnes of crude...
Nigeria may be better position for higher gains following the projections of the Organisation of the Petroleum Exporting Countries (OPEC) that global oil demand will increase...
If the goal of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to increase Nigeria’s crude oil production to 2.1 million barrels per day by 2025 is...
As Nigerians continue to battle darkness due to frequent collapse of the National Grid, the nation’s Minister of Power, Mr Adebayo Adelabu, has disclosed that the...