Petroleum marketers have rejected government-imposed N1,350 price caps on petrol, insisting that market forces, competition and improved distribution efficiency should determine prices in Nigeria’s...
Nigerian National Petroleum Co. (NNPC) is making progress on plans for a public listing, following the successful precedent set by billionaire Aliko Dangote’s offering...
Saudi Aramco's headquarters in Dhahran in eastern Saudi Arabia was hit during a missile attack by Yemen’s Houthi militants on Tuesday that caused a...
Aliko Dangote said his refinery has generated "a bit over $5.5 billion" in earnings before interest, tax, depreciation and amortisation (EBITDA) through the third...
Gov. Babajide Sanwo-Olu of Lagos State says the state government plans to increase electricity supply to 3,000 megawatts (MW) from the current level of...
The Nigerian Bulk Electricity Trading (NBET) says it has begun settling legacy debts owed to participating Generation Companies (GenCos) and their associated gas suppliers.
The...
The Sea Empowerment and Research Centre (SEREC) has called for transparency, accountability and performance-based decisions in the renewal of Nigeria’s 2006 port terminal concession...
