Energy
Fuel price soars by 81% despite N6tn subsidy payment – Report
The price of Premium Motor Spirit popularly called petrol has risen by 81 per cent in the past three years,...
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Oil market: Nigeria, Russia account for 440,000 bpd drop in output — Report
The Organisation of Petroleum Exporting Countries, OPEC, and its allies popularly known as OPEC+, recorded a drop of 440,000 barrels per...
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Lawmakers Summon Finance Minister, AGF, Others over Whistleblower Policy, $2.4bn Illegal Crude Oil Sale
Members of the House of Representatives ad-hoc committee investigating alleged loss of over $2.4 billion in revenue from illegal sale...
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Oil steady as market awaits key US inflation data
Oil prices were mostly steady on Wednesday as the market waited for U.S. inflation data later in the day that...
Read moreOil rises as US stockpiles may drop, demand signs stay strong
Oil prices rose on Tuesday on expectations that inventories in the US, the world’s biggest crude consumer, are expected to...
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Nigeria Returns to Coal Exploration Despite 2060 Carbon Emissions Pledge
Despite its net-zero carbon emissions pledge by 2060, the federal government has signalled the return of coal mining in the...
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Nigeria Leads As Global Gas Flaring Drops To Lowest Level Since 2010
Nigeria leads two other countries, Mexico, and the United States — to account for most of the decline in global...
Read moreOil gains as Russian supply cuts temper concerns over rate hikes, high stocks
Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising...
Read moreOil falls as expected interest rate hikes to impact fuel demand
Oil prices extended losses on Wednesday on expectations the U.S. Federal Reserve is likely to indicate it will continue to...
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NNPCL says 1.8 billion litres fuel available for February, March despite queues at filling stations
Despite the queues at Petrol Staions accross the Nation, the Nigerian National Petroleum Company Limited, on Monday said, it had...
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