Energy

Former President Olusegun Obasanjo has challenged Olu Agunloye, the former minister of power and steel, to tell Nigerians where he derived the authority to...

The chairman, Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers State Chapter, Joseph Obele, has said the price of petrol will drop to N200/per...

The world’s largest oil company, Saudi Aramco, is considering the world’s largest offering, according to the Wall Street Journal. According to Saudi officials and “other...

The group chief executive officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, says Nigeria’s crude oil production is currently at 1.67 million...

If oil and gas giant Seplat Energies Plc were put up for sale today, investors would have to buy the company at an enterprise...

The union representing workers at two Chevron LNG projects in Australia have rejected a company offer for new pay and conditions, and are now...

After four days of gains, crude oil prices were on track to end their two-week losing streak as traders once again turned their attention...

Long queues for petrol are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states. Queues...

The Nigeria Customs Service (NCS) says it has commenced the implementation of value-added tax (VAT) on diesel imported into the country. The service made this...

The American Petroleum Institute (API) has reported a massive 11.486-million-barrel draw in U.S. crude inventories, compared with the previous week's 2.418-million-barrel draw as the...