Energy

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

Nigeria's fuel supply is set for another major boost as five vessels carrying approximately 154.2 million litres of…

Africa’s upstream oil and gas sector remains heavily dependent on five major producers—Nigeria, Algeria, Angola,…

Oil prices recorded a sharp decline on Monday after the United States and Iran reportedly agreed to suspend…

Nigeria has attracted more than $4.5 billion in fresh energy investment commitments, marking a major boost for the…

As global demand for liquefied natural gas (LNG) continues to surge, Nigeria is positioning itself to take…

Global oil markets opened the week on a positive note for consumers as Brent crude fell by more than 5%, following…

China's appetite for crude oil appears to be making a strong comeback, with fresh data indicating that the world's…

The Dangote Petroleum Refinery has revealed that its decision to resume the sale of Premium Motor Spirit (PMS),…

Transport costs are climbing once again across several parts of Nigeria as the price of petrol rises to as high as…

Oil prices have surged to $100 per barrel for the first time since May, driven by growing fears that the escalating…

Nigeria's push to restore confidence in its upstream oil sector took a major step forward as the Nigerian Upstream…

Dangote Petroleum Refinery and Petrochemicals FZE has secured a record $2.5 billion in fresh equity funding,…

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has achieved a major financial milestone after…

Nigeria’s offshore oil industry is witnessing a major revival as international oil companies (IOCs) shift their…

Global oil markets came under renewed pressure on Thursday as crude oil prices surged close to the $100-per-barrel…

Global oil markets are witnessing a major shift as leading refiners increasingly bypass traditional commodity…

The Federal Government has launched a N729 billion power sector bond as part of the second phase of its…

Global oil prices climbed sharply on Wednesday, with Brent crude reaching $95.11 per barrel, its highest level in…

Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS), commonly known as petrol, in naira…

China’s next move in the oil market is rapidly becoming one of the most closely watched factors shaping global…

The Federal Government has unveiled a N729 billion Series 2 Power Sector Bond aimed at settling outstanding debts…

The Federal Government has announced that 13 of the 50 oil and gas blocks offered under the 2025 Licensing Round…

Nigeria’s petrol imports recorded a dramatic increase of 207 percent in June, highlighting the country’s continued…

The Federal Government has announced plans to issue a second bond worth approximately N729 billion to settle…

A fresh dispute has emerged between the Nigerian National Petroleum Company Limited (NNPC) and the Dangote…

Nigeria’s quest to attract fresh investment into its oil and gas sector reaches a critical stage today as 143…

Nigeria’s downstream petroleum sector has been thrown into fresh uncertainty following Dangote Refinery’s decision…

Nigeria’s downstream petroleum sector is facing fresh controversy as oil marketers have accused major fuel…

Nigeria’s dependence on imported cooking gas has intensified after Liquefied Petroleum Gas (LPG) imports soared by…