Energy

Seplat Energy Plc reported third quarter profit that beat analysts’ expectations even amid a challenging environment as key export routes were unavailable because of...

US-Saudi relations are “fracturing” due to the dislike and distrust between President Joe Biden and Crown Prince Mohammed bin Salman, the Wall Street Journal reported on...

Ukraine is facing its harshest ever winter, which will be marked by ongoing blackouts, Yuri Vitrenko, the head of the state-owned energy giant Naftogaz,...

Turkey will create an international hub from which Russian gas can be supplied to Europe, Turkish President Recep Tayyip Erdogan announced on Wednesday. Erdogan was...

China has told its state-owned gas importers to stop reselling liquefied natural gas (LNG) to foreign buyers as the government aims to secure the...

…Naira will become stronger once Refinery starts production The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon...

Federal High Court has directed 18 banks to freeze & place a Post No Debit(PND) on any Sum of money standing as credits to...

Despite oil theft, the coronavirus pandemic, and vandalism of facilities that undermined production, Nigerian National Petroleum Company Limited (NNPCL) has maintained lower borrowing costs...

…Warns operators against flouting safety measures Nathaniel Gbaoron, Lafia The Nigerian Midstream and Downstream Regulatory Authority (NMDRA), in Nasarawa State, has shut down three mini-gas plants with...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has blamed the current fuel scarcity in Abuja and other surrounding states on the inability...