
Industry stakeholders in Nigeria’s petroleum sector have revealed that the pump prices of petrol, currently hovering between N900 and N950, may further drop...

Global oil prices rose slightly on Thursday, January 1, 2025, marking the first trading day of the year. Brent crude futures climbed to $74.80 per barrel,...

President Bola Ahmed Tinubu has hailed the reopening of the Warri Refining and Petrochemical Company (WRPC) by the Nigerian National Petroleum Company Limited (NNPCL) as a...

In a landmark achievement for Nigeria’s power sector, Lagos State has officially taken control of its electricity market, marking a significant step in the decentralization of...

Credit: NAN A coalition of civil society organisations, community leaders and concerned citizens, has demanded President Bola Tinubu to halt the ongoing divestment process by...

The national grid collapse that plunged Nigeria into darkness on Wednesday has sparked confusion, with key stakeholders pointing fingers over its cause. While power generation companies...

Masters Energy Oil & Gas Ltd, led by entrepreneur Uche Ogah, has unveiled Juhi 2, Nigeria’s largest and most advanced jet fuel depot, at...

The Port Harcourt Refinery has resumed full operations following temporary scaling down, with its management assuring stakeholders of improved efficiency and production capacity. The announcement was...

The Federal Government of Nigeria has allocated approximately N8.8 billion to restore damaged transmission towers nationwide, following an alarming wave of vandalism that has crippled power...

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has stated that the Port Harcourt Refinery Company Limited has not released any new purchase price...