Energy

The federal government, on Friday, launched the long-awaited Compressed Natural Gas (CNG) Initiative with the handing over of two CNG-fueled buses to the management of...

BURN Manufacturing (BURN), the world’s leading clean cookstove manufacturer, distributor, and carbon-offset project developer, announces the issuance of Sub- Saharan Africa’s first-ever green bond...

The Senate on Tuesday resolved to mandate its Committee on Downstream Petroleum to investigate the N11.35 trillion, and all contracts awarded for the rehabilitation...

Chevron Corp. has agreed to buy Hess Corp. for $53 billion, a deal aimed at boosting production growth as the US oil industry bets...

Geregu Power Plc came out with third quarter earnings per share (EPS) of N4.54 or N11.14 billion net income. That compares with the full...

Crude oil prices could go as high as $140 per barrel and send the world into a recession, Paris-based Allianz Trade said. Tensions in the...

Angola is due to sign a contract with China National Chemical Engineering Co. (CNCEC) to build a long-delayed oil processing plant in the municipality...

Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no signs of supporting Iran's call for an oil embargo...

The OPEC+ group doesn’t plan to take any immediate action in the wake of the Iranian call for Islamic countries to impose an oil...

U.S. natural gas production will increase by 5% or 5 billion cubic feet per day in 2023, and by 2% next year, with growth...