Nigeria's Electricity Distribution Companies (DisCos) generated nearly N600 billion in revenue during the first…

Nigeria’s fuel market has witnessed a dramatic and painful transformation as the price of Premium Motor Spirit…

Operations at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) were brought to a standstill on Monday…

Global oil prices surged on Monday after diplomatic efforts between the United States and Iran showed signs of…

As artificial intelligence (AI) continues to reshape industries worldwide, the race to secure reliable energy…

Nigeria’s crude petroleum sector has posted a surprising 16.37% year-on-year growth in the first quarter of 2026,…

The Nigerian National Petroleum Company Limited (NNPC) has reported a strong financial performance for April 2026,…

European shares ended lower on Thursday as investors reacted cautiously to rising geopolitical tensions and mixed…

Nigeria’s dependence on imported fuel remains a major talking point in its energy sector, as new data shows the…

Nigeria’s Dangote Petroleum Refinery has achieved a major milestone, emerging as the world’s largest exporter of…

The Federal Government and the World Bank have agreed to cancel approximately $717.7 million in undisbursed…

Nigeria’s power sector received a major boost as the Niger Delta Power Holding Company (NDPHC) announced the…

Global oil prices climbed on Tuesday while stock markets showed mixed performance, as renewed U.S. military strikes…

The United Kingdom has exempted Nigeria from stricter compliance checks under its updated sanctions regime…

Nigeria’s dependence on imported fuel continues to spark debate as industry experts warn that local refineries are…

Nigeria has taken another step toward attracting foreign investment into its mining industry after signing a…

Nigeria’s downstream petroleum sector is heading for another major showdown as the Nigerian National Petroleum…

Nigeria’s efforts to revive its struggling electricity sector suffered a major setback after the Federal Government…

Nigeria’s oil sector accounted for 3.92% of the country’s real Gross Domestic Product (GDP) in the first quarter of…

Global oil markets may be heading for a major shake-up as renewed Iran–US peace talks raise hopes of reopening the…

Nigeria’s cooking gas market is under fresh pressure as marketers raise alarm over worsening scarcity and a sharp…

The Centre for the Promotion of Private Enterprise (CPPE) has rejected allegations that the Dangote Refinery poses…

The Nigerian National Petroleum Company Limited (NNPC) has strongly opposed the lawsuit filed by Dangote Petroleum…

Seplat Energy Plc has entered a bold new phase of expansion, combining strong financial performance with an…

Nigeria is considering a major shift in its downstream oil sector that could see Chinese investors take a…

For years, oil-producing communities in Nigeria’s Niger Delta have faced a difficult cycle of unemployment,…

Global oil prices slipped on Thursday as optimism grew over a possible breakthrough in peace negotiations between…

Seplat Energy has set an ambitious goal to reward its shareholders with a $1 billion dividend payout within the…

Nigeria’s trade relationship with the United Kingdom recorded a major boost in 2025, reaching a total value of…

Global oil prices slipped on Wednesday as Brent crude fell to $105 per barrel, reflecting growing optimism…