Professor Yinka Omorogbe, chairman of the Nigerian Energy Economics Association (NAEE), called for clarification on transferring 30% of oil and gas profits from NNPC Limited to...
The West Texas Intermediate (WTI) oil was trading around $70 a barrel on Thursday, rebounding from two-month lows of near $65 earlier in the week, as...
Vetiva Capital has picked holes in the Department of Petroleum Resources’ claim that Premium Motor Spirit (PMS) prices could rise to N1,000 if fuel subsidy is...
The Department of Petroleum Resources (DPR) has stated that it was misinterpreted on the issue of elimination, adding that media reports on the issue were misleading. ...
The Vice-President, Professor Yemi Osinbajo, has said the federal government is working conscientiously to ensure that the country meets global clean energy requirements. He stated this at...
The National Bureau of Statistics (NBS) has disclosed that the average price paid by consumers in Nigeria for a litre of petrol increased by 28.49% in...
The House of Representatives has urged the Standards Organisation of Nigeria (SON) to design a strategy to regulate the use of old gas cylinders as well...
The Transmission Company of Nigeria (TCN) and World Bank have commenced an intensive training programme for 708 electrical engineers in the company. The trainees were taken...
Brent crude futures were around $75 a barrel on Monday, remaining close to 2018 levels, as investors continue to follow the OPEC+ crisis and await an...
Nigeria pumped 1.48 million barrels of crude oil in June, witnessing a significant drop in production compared to previous months, the latest S&P Global Platts survey...