Energy

The Nigerian National Petroleum Company Limited (NNPCL) spent 94.77 per cent of its revenue on petrol subsidy payment in August,...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said 95.4million litres or 600,000 barrels of crude oil were stolen daily....

The Federal Government has so far paid $4.04bn to five international oil companies as cash call arrears repayment and has...

Nigeria’s crude oil revenue has continued to slump as the Organization of the Petroleum Exporting Countries newly released Monthly Oil...

Oil prices fell in volatile trade on Tuesday as investor concerns about lower demand in China, the world's biggest crude...

Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate hikes may lead to...

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession....

Group Managing Director of Nigeria National Petroleum Corporation”s ( NNPC), Mele Kyari has stated that the new commercialized NNPC will...

Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings...

Stakeholders have expressed cautious optimism as the Nigerian National Petroleum Company Limited (NNPC) transits today, insisting that most of the...