Energy

Global oil demand has surged to a record amid robust consumption in China and elsewhere, threatening to push prices higher, the International Energy Agency said. World fuel...

The latest earnings season saw several shale oil majors revise their output projections for the year. Surprisingly, they revised these projections upward. The revisions were...

India continues to buy a lot of Russian oil despite a significant narrowing in its discount to Brent, Bloomberg has reported, citing sources from...

The Nigerian Electricity Regulatory Commission (NERC) has revealed that Niger Republic owes Nigeria N4.22bn for electricity  supply. According to the report by NERC, Niger’s state...

The Nigerian Electricity Regulation Commission (NERC) has said the federal government paid the sum of N36bn to subsidise electricity consumption in the first quarter...

Last year, China emerged as the world’s clean energy champ, with the country accounting for $546 billion, or nearly half, of the $1.1 trillion...

Oil prices inched lower on Monday but remained elevated following a six-week winning streak. Supply concerns spiked when Ukrainian forces attacked two Russian oil...

Saudi Arabia may raise the price of its crude oil for the third month in a row for September cargos, according to sources from...

Russia’s diesel and gasoil exports by sea increased by 5% in July compared to June as more refining capacity in Russia returned from seasonal...

President Bola Tinubu says the federal government has saved N1 trillion in two months in funds that would have been used for the payment...