Energy
Oil prices rebound on hopes US will replenish strategic reserve
Oil prices saw a resurgence on Thursday, bouncing back from a three-day decline, driven by anticipation that lower price levels...
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Federal Government Halts Licenses for Gas Companies Without Pipeline Capacity
In a significant move aimed at enhancing safety and efficiency in the gas sector, the Federal Government has announced its...
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Petrol scarcity: House of Reps Committee Assures Nigerians of Imminent End to Fuel Queue Woes
The House of Representatives Committees on Petroleum Resources (Midstream and Downstream) have offered assurances to Nigerians that the persistent long...
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Rivers IPMAN Assures Adequate Fuel Supply Amid Nationwide Scarcity
Amidst the ongoing fuel scarcity affecting various parts of the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN) in...
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FG Commences 2024 Oil Bid Rounds Under Petroleum Industry Act
The Federal Government of Nigeria has officially announced the commencement of the 2024 oil bid rounds in accordance with the...
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Oil Prices Fall on Easing Middle East Tensions and Diminished Rate Cut Prospects
Oil prices experienced a decline in early Asian trading on Monday, reversing gains from Friday as Israel-Hamas peace talks in...
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Oil Prices Rise as U.S. Official Expresses Optimism and Supply Concerns Linger
Oil prices experienced an upward trajectory on Friday, poised to conclude the week with gains following two consecutive weeks of...
Read moreOil Prices Stagnate Amidst Declining US Fuel Demand and Geopolitical Concerns
Oil prices remained relatively unchanged on Thursday as concerns over falling fuel demand in the United States, coupled with geopolitical...
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Dangote Petroleum Refinery Slashes Prices of Diesel and Aviation Fuel Again
Dangote Petroleum Refinery has announced yet another reduction in the prices of both Automotive Gas Oil (diesel) and aviation fuel...
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Transcorp Power Plc Records 775% PBT Jump in Q1 2024 with Impressive Revenue Growth
Transcorp Power Plc (Transcorp Power), one of theelectricity generating subsidiaries of Nigeria’s leading, listed conglomerate, Transnational Corporation Plc (Transcorp Group),...
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