
Oil prices increased during early Asian trading as optimism faded regarding the potential for ceasefire negotiations between Israel and Hamas to alleviate tensions in the Middle...

Nigeria recorded extra revenue of $13.71 per barrel as crude oil traded at $91.67, $14 higher than the 2024 budget benchmark which was based on $77.96...

The Nigerian Electricity Regulatory Commission (NERC) has approved the increase of electricity tariff for customers under the Band A classification. At a press briefing in Abuja...

The pump price of Automotive Gas Oil, popularly called diesel, has dropped from about N1,700/litre which it sold for a few weeks ago, to around N1,350/litre...

Ikeja Electric Distribution Company (IE) has attributed the ongoing power outage in some parts of Lagos to load restrictions of its various transmission centers....
A survey by Reuters on Monday, April 1, 2024 has shown a plunge in oil output by the Organisation of Petroleum Exporting Countries (OPEC)...

The Nigerian National Petroleum Corporation (NNPC) saddled with the responsibility of managing and harnessing Nigeria’s oil and gas in what appears to be an...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasized the critical importance of bridging the energy access gap to the creation of economic...

The Nigerian National Petroleum Company (NNPC) Limited has announced that there has been no change in the price of premium motor spirit (PMS), petrol and diesel...

The Nigerian National Petroleum Company (NNPC) Ltd has reiterated its commitment towards utilizing Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s...