Energy
NUPRC to sanction firms starving private refineries of crude oil
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned companies charged with the responsibility of supplying crude oil to private refineries...
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Oil, Bonds Fall as Mideast Worst-Case Fears Ease
Oil slipped with gold and government bonds as demand for haven assets eased after Israel’s military action in Gaza proceeded...
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Oil prices regain some ground on Israel-Hamas war uncertainty
Oil prices rose on Tuesday, recovering some of the previous day's losses, as investors remained nervous that the Israel-Hamas war...
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Without subsidy, most Nigerians can’t afford cost of electricity – DisCos
The Association of Electricity Distributors of Nigeria (ANED) has emphasized that the majority of Nigerians would struggle to afford the...
Read moreOil Prices Drop Over $1 Amid Diplomatic Efforts to Contain Israel-Hamas Conflict
Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain the conflict between...
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Oil nudges lower on hopes of US easing sanctions on Venezuela
Oil prices fell slightly on Tuesday after a more than $1 slide on Monday amid hopes the U.S. would ease...
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FG To Boost Local Manufacturing in Oil and Gas Industry
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, announced the federal government's commitment to stimulating the economy...
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Remove fees on locally refined diesel, producers tell FG
Modular refinery operators in Nigeria have made an appeal to the Federal Government to eliminate numerous fees associated with locally...
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Oil falls further on US stock build, easing supply concerns
Oil prices extended their decline for a third consecutive day on Thursday, as the market grappled with unexpected increases in...
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Oil Prices Inch Up Amidst Middle East Uncertainty and Supply Disruption Concerns
Oil prices saw a modest increase on Wednesday as investors grappled with the potential for supply disruptions amid ongoing turmoil...
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