Oil prices hit new peaks on Wednesday with global benchmark Brent crude hitting its highest since January after a steep drawdown in U.S. fuel stockpiles helped...
Oil prices rose by more than a dollar a barrel on Friday and were on track for a sixth consecutive week of gains after Saudi Arabia...
Oil prices gained about 2% on Thursday as Saudi Arabia and Russia were taking steps to keep supplies tight into September and possibly beyond. Brent futures...
OPEC oil output has fallen in July after Saudi Arabia made an additional voluntary cut as part of the OPEC+ producer group’s latest agreement to support...
The Nigerian National Petroleum Company Limited said it has uncovered 162 illegal oil pipeline connections and illegal refineries in the Niger Delta, particularly in Bayelsa in...
United States of America Vice President, Kamala Harris, has called out to President Bola Tinubu in a phone call. The conversation between Harris and President Tinubu...
One of Europe’s main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country’s domestic...
Abuja-based Coalition of Civil Society Organisations and Political Parties for Good Governance has slammed organised labour for its current posturing on the withdrawal of fuel subsidy...
Nigeria unions are to go on strike unless the federal government reverses fuel price. The plan strike is to demand a reversal in petrol price hikes...
Oil prices rose to fresh three-month highs on Tuesday, as signs of tighter supplies and pledges by Chinese authorities to shore up the world’s second-biggest economy...
Nigerian National Petroleum Company (NNPC) Ltd. and UTM Offshore Ltd. on Thursday signed the Heads of Terms Agreement to provide clean energy to Nigerians through the...
Commissioner for Insurance, Nigeria. O.S Thomas has said that there is the urge to intensify the ongoing drive to facilitate platforms that address the demand-supply gap...
indication has emerged that some under ground water of families in Omuobizu, Omkpoba and Mgbere Communities of Emohua Local Government Area of Rivers State, has been...
Federal Government of Nigeria now burns vessel caught stealing the nation’s crude oil. But Environment Rights Action/Friends of the Earth of Nigeria ERA/FoEN) has described as...
Civil Society Legislative Advocacy Centre, CISLAC, Tuesday, said continuous hike of pump price of Premium Motor Spirit, PMS, is unacceptable and anti-people. This was the reaction...