Latest report issued by the Nigerian Electricity Regulatory Commission (NERC) has revealed that complaints from Nigerian power users over insufficient meters, over-billing, and service interruptions increased...
As the United States prepares to ramp up shale oil production under the incoming administration of President Donald Trump, the global oil market faces a potential...
Brent crude oil, the international benchmark for Nigerian crude oil, closed the week ended January 3, 2025 in the green despite the uncertainty surrounding the global...
Economic uncertainties ahead of Donald Trump’s presidency have slowed down Chinese manufacturing activity in December, according to the latest report from the Caixin Insight Group. Donald...
The Nigerian National Petroleum Company Limited (NNPCL) has announced it has commenced operations at the country’s 125,000 barrels per day capacity refinery in Warri, the Delta...
On a weekly basis, both Brent and US West Texas Intermediate (WTI) crude gained about 1.4 percent ahead of year-end, buoyed by a larger-than-expected drawdown from...
Oil prices were slightly down on Friday morning as investors looked at the possibility of economic stimulus efforts prompting a recovery in China. Brent crude futures...
The Federal Government has lamented incessant complaints of the estimated billing system of power supply to households by the Distribution Companies (DisCos) nationwide. To tackle this,...
The Chief Executive Officer (CEO) of Dangote Group and Dangote Petroleum Refinery Company, Alhaji Aliko Dangote, has addressed the recent criticism that trailed the reduction in...
Ahead of the public holiday declared by the Federal Government on December 25th and 26th, 2024, as well as January 1st, 2025, the Independent Petroleum Marketers...