It was a harvest of praises by representatives of Nigerian shareholder groups who were at Seplat Energy Plc 9th Annual General Meeting (AGM) which held in Lagos...
Absence of counsel of Niger Delta Development Commission (NDDC), Tuesday stalled hearing of a suit seeking to stop the Sole Administrator from presiding over the commission...
Africa Export Import Bank and Africa Petroleum Producers organisation said that they have set up an energy transition bank. In a statement the duo said “having...
Crude oil prices rose to over $115 a barrel on Tuesday, their highest in about seven weeks, supported by the European Union’s ongoing push for a...
Oil prices rose on Thursday, reversing earlier losses, as supply concerns and geopolitical tension in Europe got the upper hand over the economic fears dogging financial...
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has urged the Federal Government to pay marketers their bridging claims to enable them to begin lifting petroleum...
Oil prices climbed more than 2% on Friday and were set to rise for a second consecutive week, shrugging off concerns about global economic growth as...
The Organisation of the Petroleum Exporting Countries (OPEC) has reconfirmed its decision for upward adjustment of the monthly overall production by 0.432 million barrels per day...
Oil prices steadied on Thursday, under pressure from a stronger dollar and a drop in global stock markets while supported by supply worries after the European...
The European Union was preparing a ban on Russian oil, with possible exemptions for wary countries, as EU energy ministers on Monday held crisis talks on...
Brent crude oil futures rose $2.06, or 1.9%, to $109.65 a barrel, after gaining 2.1% in the previous session. The front-month June contract expires on Friday....
Senate has said that Nigeria urgently need local refining of petroleum products in order to boost the nation’s revenue. It however called on the federal government...
Crude oil price slumped over 5% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged...
Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its economic growth forecasts and warned of...
Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday. “We expect the decision...