The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N3,594.81 in December 2021 to N4,565.56 in December 2022....
The House of Representatives has urged relevant security agencies to fish out oil marketers and other economic saboteurs who might be responsible for the fuel scarcity...
The Federal Government has said that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60 years saved the global oil market...
The Minister of State for Petroleum Resources, Chief Timipre Sylva says the Federal Government has not approved any increase in the pump price of Premium Motor...
Major Oil Marketers Association of Nigeria (MOMAN) has increased the price of petrol to N185 per litre without official notification. Fuel scarcity persisted on Friday as...
The award of over the sum of N48bn Pipeline Surveillance Contract to stakeholders in the Niger Delta region, the Senate has invited the Group Chief Executive...
Amid the climate, energy and geopolitical crises that have been raging for some years now, it is time the world looked to Africa for energy, Samia...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the 2022 mini-bid round process in accordance with the Petroleum Industry Act (PIA), 2021. The mini-bid round...
Failure of Nigerian National Petroleum Company Limited (NNPCL) to file a counter affidavit in the N100 billion suit filed by Sen. Ifeanyi Ararume against the Federal...
The Minister of State Petroleum Resources, Chief Timipre Sylva has said that the rehabilitation of the Port Harcourt Refinery was on track and that the 60,000...
Crude Oil prices jumped about 2% after China’s move to reopen its borders boosted the outlook for fuel demand and overshadowed global recession concerns. The rally...
The U.S. Department of Energy has rejected the first batch of bids from oil companies to resupply a small amount of oil to the nation’s emergency...
Crude oil fell sharply after slumping in the previous session, weighed down by demand concerns stemming from the state of the global economy and rising COVID...
Italian energy group Eni said on Monday it had set up a new company dedicated to sustainable transport, which would develop bio-refining, biomethane and offer mobility...
Britain said on Monday its 75-million-pound ($90.5 million) fund aimed at helping boost domestic production of nuclear fuel for power plants and cutting reliance on Russian...