Crude oil prices extended gains on Thursday following the report that China, the world's largest importer of crude oil is considering a cut in its quarantine...
Nigeria Liquefied and Natural Gas (NLNG) declared a force majeure to its partners due to widespread flooding that has disrupted supply.
The Federal Government has partnered with the Petroleum Training Institute (PTI) to install anti-theft monitoring systems on oil pipelines to curb oil theft.
Nigeria, the giant of Africa is no longer giant, as crude oil production drops below Angola, Libya and Algeria in the month of September 2022, according...
Nigeria’s decline in crude production has resulted in delayed payments to some local gasoline suppliers by the Nigerian National Petroleum Corporation (NNPC).
Nigeria is expected to add 500,000 barrels per day to its crude oil output once Shell Plc-operated Forcados oil terminal and the Trans Niger Pipeline resume...
Stock markets are recovering slightly on Wednesday after another volatile start to the week.
Crude oil prices dipped by 2% on Monday following five sessions of consecutive gains as energy investors were concerned that the economic recession could erode demand...
The Nigerian Senate had said Nigeria was losing an average of 1 million barrels of crude oil per day
The federal government has revealed plans to add an additional 817 megawatts (MWs) of electricity to the national grid to boost power supply within the federal...
