The number of the nation’s power plants sitting idle increased by three on Monday to 10, prompting generation to tumble below 3,000 megawatts. Total power...
The Nigerian National Petroleum Corporation (NNPC) has said that professional competence, adherence to the principle of transparency and accountability informed the recent top management appointments...
Crude oil prices dropped on Wednesday morning amidst rising tension between the US and China over new national security laws enacted by China in Hong Kong....
The federal government has lost the $1.1bn lawsuit instituted against oil giants, Royal Dutch Shell and Eni over the disputed OPL 245 oil field at a...
Nigerian oil marketers have asked the Buhari administration to provide a pricing formula that will guide the monthly adjustments in the pump price of Premium Motor...
By Richards Adeniyi Mobil Producing Nigeria, an ExxonMobil affiliate, has said it is donating 22 additional vehicles including two ambulances and medical supplies to various...
Brent crude, Nigeria oil grades’ benchmark, gained $1.33 or 4.1% to climb to $33.83 a barrel as of 07:34 West African Time after hitting its peak...
The Federal Government on Thursday announced that it was creating micro-distribution centres where users of cooking gas would access the commodity at affordable rates and ...
Brent crude, Nigeria’s crude grades benchmark on Thursday risen by 18 per cents to $29.37 per barrel boosted by a sudden decline in stocks in the...
Nigeria’s flagship crude, Bonny light, rose by 1.20% to stand at $25.23 per barrel, according to the latest data released by oilprice.com as oil traders became more optimistic...