Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the...
The Federal Government has insisted that it will go ahead with its policy on the removal of subsidy on Premium Motor Spirit (Petrol) and electricity,...
Total Plc, 11 Plc, MRS, Ardova and Conoil are some of the major downstream players (all quoted) that have suffered revenue declines and margin drops...
The Federal Government has directed the National Electricity Regulatory Commission (NERC) to suspend the implementation of the duly performed minor review from N2 per kWh...
The Liquefied Petroleum Gas Retailers (LPGAR), branch of National Union of Petroleum and Natural Gas Workers (NUPENG), on Thursday decried the increase in the prices...
By Segun Odunewu, Lagos Oil prices climbed to their peak in 11 months on Wednesday, following Saudi Arabia’s decision to slash output to a lower-than-expected...
The federal government has reacted to the purported hike in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC. The Nigerian Electricity Regulatory Commission, NERC,...
Barely two months after the federal government forced on Nigerians increase in electricity tariff, the Nigerian Electricity Regulatory Commission, NERC, is said to have given...
Petroleum dealers and marketers under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) have shut down all filling stations in Ibarapa region of...
Global crude oil markets have shed around one fifth of their value this year as coronavirus-induced lockdowns hammered much of the world’s economy, but oil prices...