Energy

Russia’s ESPO crude from the Far East is being sold above the Western-imposed $60 per barrel price cap in Asia, Bloomberg reported on Friday,...

The Dangote Refinery valuation is set to soar once completed next year as the European Union seeks alternative supplies of refined products, due to...

Oil prices have risen amid concerns that a new cap on the price of Russian crude could disrupt global supplies in the coming months. A...

Hungary has been granted an exemption from the price cap on Russian oil set by the EU and the Group of Seven (G7) countries,...

China’s oil refiners have started to snap up Russian crude shipments amid sharply lower prices and the looming EU price-cap measure, Bloomberg reported on...

Seplat Energy Plc, which enjoys a rally in crude oil price, stands out among Nigerian most liquid and capitalised firms as it recorded the...

The European Union has tentatively agreed on a $60 a barrel price cap on Russian seaborne oil, Reuters reported on Friday, citing sources. The...

By Abdulwaheed Olayinka Adubi, Kaduna The Director Media and Publicity, Bola Ahmed Tinubu Presidential Support Committee (PSC), Kailani Muhamad, has disclosed that the newly discovered...

Africa will require about $190bn worth of investments annually between 2026 and 2030 to meet its energy and climate goals to boost socio-economic prosperity...

The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela after US sanctions halted all drilling activities almost three years...