Energy

The Japanese government and business sector will join hands on a joint financing deal totaling 1.5 trillion yen ($14.4 billion) for the development of...

Analysts at Goldman Sachs expect global oil demand to return to pre-pandemic levels by 2022, citing a pick-up in commuting, a shift to private...

Nigerian Petrol prices are some of the cheapest in the world, a reflection of the petrol subsidy regime in place as well as the...

Chesapeake Energy, a pioneer of the U.S. shale revolution, filed for bankruptcy protection on Sunday. The move comes as the company and industry more broadly...

As Dangote’s 650,000 barrel a day refinery starts production next year, these are mistakes that must be avoided to avert the precarious situation the...

The Senate Committee on Power, at the just-concluded three-day investigative hearing on the power sector recovery plan, submitted that only two of the six...

The board of the World Bank on Wednesday approved Nigeria’s long-standing request for about a billion dollars, releasing the first tranche of $750million credit...

The Nigerian National Petroleum Corporation (NNPC) has unveiled a new 6-man External Board of Directors which in all intents and purposes is in line...

U.S. benchmark crude futures rose 2.3 percent Friday to close at the highest level since March 6. The 9.6 percent increase for the week marks...

Crude oil advanced to around $40 a barrel in New York as trading houses Vitol SA and Trafigura Group said global demand is recovering...