Oil prices fell by nearly 2% on Monday, pressured by worries over a global glut as U.S.-China trade tensions added to concerns about an economic slowdown...
Oil prices dipped on Wednesday, holding near a five-month low for a second day, pressured by escalating U.S.-China trade tensions and the International Energy Agency’s prediction...
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors focused on potential talks between the presidents of the United States...
Brent and U.S. crude futures fell more than $2 a barrel, or over 3%, on Friday as confidence grew the Gaza peace agreement between Israel and...
Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures...
Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as...
The price of Liquefied Natural Gas (LPG), commonly known as cooking gas, continues to rise amid acute scarcity in the Kano metropolis. Some of the residents, who...
Bayo Ojulari, the Chief Executive of the Nigerian National Petroleum Company (NNPC), has blamed the recent strike by PENGASSAN for the current hike in the price...
Nigeria’s daily oil and gas production slumped during a brief nationwide strike by oil workers’ union PENGASSAN that was called off on Wednesday after government-mediated talks...
Federal government brokered a truce on Tuesday between the Petroleum and Natural Gas Senior Staff Association of Nigeria and the management of Dangote Petroleum Refinery. This...
Oil prices fell to a 17-week low on Wednesday, down for a third straight day on a U.S. government shutdown fed worries about the global economy,...
Russia is profiting significantly from liquefied natural gas sales to companies in the European Union, according to a study by the environmental organisation Greenpeace published on...
Ex-Niger Delta militant from Ogoni ethic nationality in Rivers State have petitioned President Bola Ahmed Tinubu and the National Security Adviser, Mallam Nuhu Ribadu, over their...
National Industrial Court sitting in Abuja has today (Monday) issued an interim order stopping the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) from...
Industry experts, on Monday, warned that Nigeria is losing billions of dollars daily to crude oil theft, vandalism, and wastage, calling for urgent digitalisation of production...