Energy

After dipping on Wednesday, oil prices rose on Thursday morning as traders refocused their attention on signs of supply tightness, brushing aside the Fed’s...

The House of Representatives has urged the Nigerian Electricity Regulatory Commission (NERC) to compel Distribution Companies (DISCOs) to stop arbitrary billing of electricity consumers. This...

The Senate has called on the federal government to intervene and halt the proposed increase in electricity tariff by the distribution companies, DISCOs. It also...

Shareholders of Industrial and Medical Gases (IMG) Nigeria Plc have approved a dividend of N208.122 million proposed by the Board of Directors of the...

The European Union (EU) has no plans to revise the $60 price cap imposed on Russian oil exports even though Russian crude is selling...

The Group of 20 (G20) major economies meeting in India failed to reach consensus on phasing down fossil fuels following objections by some producer...

African Energy Chamber (AEC) has announced that Technip Energies will participate as a Gold Sponsor at African Energy Week (AEW) 2023, scheduled to take...

The Nigerian Air Force (NAF) has destroyed an illegal crude oil refinery at Dariama village in Rivers state. The operation which took place on Friday...

The Nigerian National Petroleum Corporation (NNPC) has reached agreement with Nigerian oil and gas company UTM Offshore Limited for Floating Liquefied Natural Gas (FLNG)...

The House of Representatives has kicked against the proposed increase in electricity tariff by the National Electricity Regulatory Commission (NERC). This resolution was reached following...