Energy
Oil extends losses as weak demand outlook lingers
Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession....
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New NNPC to list Shares on Stock Exchange
Group Managing Director of Nigeria National Petroleum Corporation”s ( NNPC), Mele Kyari has stated that the new commercialized NNPC will...
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FG to Continue $3.5bn Claim against Eni, Shell
Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings...
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NNPC Transit: Stakeholders express cautious optimism
Stakeholders have expressed cautious optimism as the Nigerian National Petroleum Company Limited (NNPC) transits today, insisting that most of the...
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NBS: Electricity customers hit 10.37m
The National Bureau of Statistics (NBS) yesterday said the number of electricity customers rose from 6.99 million in 2015 to...
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FG to sanction oil companies over law violation
The Federal Government has said it will sanction oil and gas companies that fail to comply with the Human Capacity...
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NNPC to pay N874bn in June as subsidy hits N1.82tn
Operators in the oil and gas sector as well as other stakeholders are uncomfortable with the continued rise in the...
Read moreOil lingers near 2-month high amid global supply concerns
Oil prices hovered around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in...
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Cooking gas demand crashes amid rising prices, marketers groan
Demand for Liquefied Natural Gas (LPG) popularly known as cooking has dropped to a record low across the country, The...
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Oil tumbles on Global Economic worries
Oil prices tumbling more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China, a...
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