Energy

Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end...

Oil prices have soared to the highest level since 2008 after the US said it was discussing a potential embargo...

Oil prices rebounded on Friday as the disruption of Russian oil exports because of western sanctions outweighed the prospect of...

 In a dramatic twist, the Nigerian National Petroleum Company (NNPC), Limited has cancelled Mobil Producing Nigeria Unlimited $1.6bn oilfield asset...

Oil prices sped higher on Thursday as the war in Ukraine drove a mad dash for resources in an ominous...

BRENT, the crude against which Nigeria’s oil is priced, crossed the $105/barrel price on Tuesday, as it rose to the...

Nigeria and Equatorial Guinea on Tuesday signed a landmark Memorandum of Understanding (MoU) to supply gas from Nigerian offshore fields...

Oil prices jumped on Monday on escalating sanctions against Russia over its invasion of Ukraine, which in turn led President...

The federal government yesterday admitted that the country’s oil production level has remained sub-optimal for now, stating that it expects...

Nigeria and Iraq have said the strategy employed by the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+,...