The Federal Government has implemented a 7.5 percent tax on imported Liquefied Petroleum Gas, popularly called cooking gas, as the cost of the commodity leap by...
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from...
Nigeria’s state oil company, Nigerian National Petroleum Corporation (NNPC), is considering an initial share sale after posting the first profit in its 44-year existence. Legislation signed...
President Muhammadu Buhari on Thursday announced the Nigerian National Petroleum Corporation NNPC, made a net profit of N287b in the year, 2020. A statement by presidential...
Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC) has said that the Dangote Refinery must buy at least 300,000 barrels per...
Brent crude oil extended its bullish run above $71 a barrel following reports that a fire outbreak killed oil workers on an oil platform operates by...
H.E. Mohammed Barkindo, Secretary General of the Organization of Petroleum Exporting Countries (OPEC) has urged African oil-producing countries to continue developing their energy sector activities and...
Financial markets are going to get jittery in September amid concerns over the Delta variant, China’s regulatory attacks and shifting monetary policies, warns the CEO of...
The national power grid has collapsed for the second time in less than a month, worsening the blackout being experienced by households and businesses in some...
H.E. Mohammed Barkindo, Secretary General of OPEC, was received by H.E. Bruno Jean-Richard Itoua, Congolese Minister of Hydrocarbons, ahead of a three-day working visit to Congo-Brazzaville;...
