Energy
Oil bulls take charge as demand outlook improves, Brent up a fifth day
Oil prices rose on Wednesday, with Brent gaining for a fifth consecutive session, as falling stockpiles and a recovery in...
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Power Investment in Africa Lowest Globally as lack Of Energy Costs Continent $110bn
Executive Director, Sahara Group, Kola Adesina has described Power supply investment in Africa as one of the lowest in the...
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Oil steadies after hitting 2-yr high as demand hopes face supply growth
Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S....
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FG Announces Addition of 3.53TCF to National Gas Reserves
The federal government has announced the discovery of an additional 3.53 Trillion Cubic Feet (TCF) of gas in the country,...
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Nigeria’s output down to 1.38mbpd in May as OPEC sees more demand in H2
Nigeria’s oil production output dropped to 1.388 million barrels per day, from the 1.46mbpd it pumped in April according to...
Read moreFG pays marketers, others N940.2bn on Oil Subsidy
Oil marketers, exporters, local contractors in the Nigerian Oil Sector have been paid the sum of N940.2 billion as repayment...
Read moreOil prices climb on signs of strong fuel demand recovery
Oil prices rose for a second session on Wednesday on signs of strong fuel demand in western economies, while the...
Read moreOil prices fall again amid concerns over demand rebound
Oil prices lost more ground on Tuesday as concerns about the fragile state of the global recovery in demand for...
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OPEC members lost $1trn in 2 years to price slump – Barkindo
The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammed Barkindo, on Monday disclosed that member nations lost...
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Oil steady after mixed U.S. crude inventory report
Oil prices steadied on Thursday following two straight days of gains that took oil futures to highs not seen in...
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