President Bola Tinubu’s administration has announced a new increase in petrol price that will see Abuja residents buy fuel at N1,030 per litre. The price of...
Oil sector fiscal reforms by the Federal Government have attracted more than $50 billion investments for the country. Remarkably, an investors, that is impressed by the...
Oil prices extended gains on Monday, with Brent nearing $80 to build on last week’s steepest weekly jump since early 2023, driven by fears of a...
Executive Secretary African Refiners and Distributors Association Anibor Kragha, has said that by 2040, up to 60% of African energy matrix will be fossil fuel driven....
Oil prices climbed 1% on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s top producing region,...
The World Economic Forum today launched a Playbook of Solutions a novel digital platform that breaks down 100 policy measures, finance mechanisms and de-risking solutions from...
The Federal Government has released N122 billion to six gas infrastructure companies with the goal of transforming the midstream gas value chain across the country. The...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged stakeholders to utilise its 2022/2023 oil and gas report for civic engagement, constructive dialogue, and public debate....
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Mr...
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,974.55 recorded in July 2024 to N6,430.02 in August...
Oil prices rose more than 1% on Thursday after a large interest rate cut from the U.S. Federal Reserve, helping Brent to recover from below $69...
Federal government said that the $550 million upstream gas project between the Nigerian National Petroleum Corporation Ltd and TotalEnergies on the development of the Ubeta field...
The Nigerian National Petroleum Company has has tightened its grip on the Nigerian oil gas sector as it increased the price of petrol by 11 per...
Bayelsa State government says it will engage host communities to ensure effective implementation of the Host Community Development Trust. The state Commissioner for Environment, Mr. Ebi...
The Socio-Economic Rights and Accountability Project (SERAP) has sued President Bola Tinubu over the recent increase of petrol price to N845 per litre. It is seeking...