Energy

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, said market forces are behind the increase in petrol...

...with Fast-Tracking Sustainable Oil Development By NJ AYUK Executive Chairman, African Energy Chamber Angola has been in the petroleum business for a long time. It extracted...

Nigerian National Petroleum Company Limited (NNPC Ltd) retail outlet has increased fuel price in Abuja to N617 per litre, and Lagos to N568 per...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Nigeria’s daily petrol consumption has fallen from 65 million litres per day to 46.38...

Oil prices edged higher on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker Chinese economic growth. Both contracts fell more...

Power generating company, Geregu Power Plc, said it made advance payments of N8.783bn to Italian firm, Ansaldo Energia, for the overhaul of its gas...

Oil prices fell by around 1% in early Asian trade on Monday after major Libyan oilfields resumed production over the weekend following a brief...

Russia is set to overtake Saudi Arabia as the largest OPEC+ oil producer as it begins the unilateral cut of 1 million barrels per...

Nigerians should prepare to pay more electricity tariff as eleven Electricity Distribution Companies (DisCos) seek the approval of Nigerian Electricity Regulatory Commission (NERC) to...

Oil prices rose on Friday from tighter supply amid issues in Libya and Nigeria and easing U.S. inflation, which markets hope may bring an...