Energy

Nigeria’s renewed push to reclaim its position as one of Africa’s leading oil producers is facing an…

China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel…

China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel…

Africa's richest businessman, Aliko Dangote, is preparing for what could become the continent's largest stock…

Global oil prices suffered a sharp decline on Tuesday, with Brent crude falling below the $80-per-barrel mark for…

Nigeria's long-standing position as one of Europe's preferred crude oil suppliers is facing increasing pressure as…

French energy giant TotalEnergies has taken fresh legal action against Nigeria's tax authorities and the Nigerian…

Germany’s energy demand declined by 1.9% during the first half of 2026, as soaring oil and gas prices forced…

Nigeria’s state-owned oil giant, NNPC Limited, posted a profit after tax of N2.28 trillion for the first half of…

Nigeria’s long-standing dominance in Europe’s crude oil market is coming under increasing pressure as cheaper oil…

Nigeria’s position in the global liquefied natural gas (LNG) industry is facing growing pressure, with the…

Nigeria’s petrol consumption recorded a slight decline in the first half of 2026 as persistently high pump prices…

Saudi Arabia is confronting one of its biggest oil export challenges in recent years as escalating security threats…

Oil prices recorded a sharp decline on Monday after U.S. President Donald Trump signaled a shift toward diplomacy…

Nigeria earned an estimated N24.02 trillion from crude oil exports between January and June 2026, reinforcing the…

Global oil prices suffered a sharp decline after U.S. President Donald Trump announced renewed peace talks with…

The Nigerian National Petroleum Company Limited (NNPC Ltd) has posted its strongest financial performance in nearly…

The global oil market has remained surprisingly resilient despite months of severe supply disruptions in the Middle…

The cost of importing Premium Motor Spirit (PMS), popularly known as petrol, has now surpassed the price of fuel…

The Nigerian National Petroleum Company Limited (NNPC) has reached an agreement to acquire a 10 percent stake in…

Crude oil prices may have slipped over the past few days, but the global market is still on track for one of its…

For years, Nigeria pursued an ambitious goal of refining more of its crude oil at home instead of exporting it and…

Seplat Energy has announced a major milestone in Nigeria's oil and gas sector after signing a $281.6 million…

Shell has delivered an impressive financial performance for the second quarter of 2026, posting adjusted earnings…

Nigeria's industrial ambitions received a major boost as President and Chief Executive Officer of Dangote…

Global oil prices rallied above the $90-per-barrel mark on Wednesday as escalating military tensions in the Middle…

Strategic partnerships are becoming increasingly important in shaping Nigeria's industrial future, and leading gas…

The sharp rise in petrol prices across Nigeria has significantly changed consumer spending habits, with millions of…

Oil prices staged a strong comeback on Wednesday, reversing much of the previous day's losses as…

Global oil prices recorded a sharp decline on Tuesday after renewed diplomatic efforts between the United States…