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…

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…