Brent crude oil futures traded steadily at $66.41 per barrel, while the WTI sweet crude contract was up 56 cents at $56.15 per barrel. Cuts...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied that it has reduced the pump price of petrol from N145 to N140 to encourage Nigerians...
Brent crude oil steadied on Monday, on track for its strongest first quarter in eight years, thanks to a growing belief among investors that OPEC’s supply...
New report from the Association of Power Generation Companies (APGC), has disclosed that the nation lost about 42,160.87 mega watts (MW) of electricity out of the...
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has ordered its members to reduce petroleum pump price from N145 per litre to N140. The reduction is...
The Premium Motor Spirit price watch report released by the National Bureau of Statistics on Thursday shows that the average price paid by consumers for PMS...
Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in December, figures...
President Muhammadu Buhari has commissioned a new 330/132/33KV Transmission Substation in Damaturu, Yobe, another milestone recorded to boost power supply. Buhari was represented by the Minister...
The major factor encouraging the continuous flaring of gas in Nigeria’s oil fields remains the inability of oil exploration firms to install infrastructure to harness gas...
The 1 million barrel consignment, which will head toward the Dutch port of Rotterdam, comes at a tricky moment for the West African country, given...