After years of prospecting, the Nigerian National Petroleum Company (NNPC) Limited has disclosed that it has discovered oil in commercial quantity in Nasarawa State. The state...
Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation as fuel demand weakens. Brent crude...
The Major Oil Marketers Association of Nigeria (MOMAN) has stated that the regulated N165 pump price for Premium Motor Spirit (PMS), also known as petrol, is...
The global benchmark for oil dropped below $100 a barrel on Wednesday for the first time since late April as fears of a looming recession spread...
Mr Muhammad Saleh-Hassan, Chairman, Skymark Energy and Power Ltd, has urged oil marketers and other stakeholders in the energy sector, to cooperate with the Federal Government...
Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government has been deliberately implementing gender-friendly policies that will promote women’s inclusion in the...
Oil futures gained on Monday, with Brent rising above $120 a barrel after Saudi Arabia raised prices for its crude sales in July. The raise signals...
Oil prices have risen on Wednesday, buoyed by tight supplies and the prospect of rising demand from the upcoming start of the summer driving season in...
Crude Oil prices rose on Thursday, recovering from early losses, in hopes that the planned easing of restrictions in Shanghai could improve fuel demand while lingering...
The Organization of the Petroleum Exporting Countries (OPEC) raised Nigeria‘s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022...
