After years of laying fallow, the Port Harcourt Refinery has begun production and distribution of petroleum products, Premium Motor Spirit (PMS) or petrol, Automotive Gas Oil...
The Nigerian Electricity Regulatory Commission (NERC) has accused distribution companies and customers of being indifferent to the meter upgrade announcement until the exercise elapsed on Sunday,...
Oil prices slid by $2 a barrel on Monday after Israel and Lebanon reportedly agreed to the terms of a deal to end the Israel-Hezbollah conflict,...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has declared that the removal of the fuel subsidy and the transition to a...
Nigeria’s crude oil production comes under scrutiny as figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) contradict the Nigerian National Petroleum Company Limited (NNPC)’s claim....
The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), also known as petrol, from N990 per litre to N970....
Oil prices climbed about 1 percent on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk premium. Brent crude futures rose...
The Defence Headquarters has warned the Chief Executive Officer of Tantita Security Services Nigeria Limited, Government Ekpemupolo, popularly known as Tompolo, to desist from blackmailing the...
Oil climbed 2 percent on Thursday as tensions between Russia and Ukraine continued to heighten as the countries launched missiles at each other, worrying markets about...
The Nigerian National Petroleum Company Limited (NNPCL) has commenced the exportation of its new Utapate crude oil blend, produced from the Utapate field in Oil Mining...
