Chief Executive Officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Mr Gbenga Komolafe, has assured stakeholders of the Commission’s resolve to ensure transparency in all its...
Vice President Yemi Osinbajo has said that “The world should not have to choose between energy poverty and climate change as this can be addressed with...
State Governors under the aegis of Nigeria Governors’ Forum, NGF have resolved to engage the Nigeria Labour Congress, NLC and the organised labour on the proposed...
Brent crude oil prices rose to its highest since October 2014 after it hit $88.4 on Tuesday as drone attacks on targets in the United Arab...
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of...
Goldman Sachs expects oil prices hitting $100 per barrel in the second half of this year, citing a lower than expected hit to demand from the...
As the Federal Government commenced full implementation of the Petroleum Industry Act (PIA) in earnest, the new legislation has been tipped to provide business opportunities that will...
China will release crude oil from its national strategic stockpiles around the Lunar New Year holidays as part of a plan coordinated by the United States...
Microsoft is investing US$50 million in a LanzaJet facility in Georgia that will produce jet fuel from ethanol next year, LanzaJet said.The airline industry is considered...
Brent crude futures were up 47 cents, or 0.6%, at $84.19 a barrel while U.S. West Texas Intermediate crude futures were up 66 cents, or 0.8%,...
Anglo-Dutch oil giant, Shell Petroleum Development Company (SPDC) on Tuesday confirmed the invasion and shut down of its Opukushi oil facility by community folks in Ekeremor ...
Rising energy prices may force the European Central Bank to stop “looking through” high inflation and act to temper price growth, particularly if the green transition...
Nigerian Navy has formally handed over a seized ship – MTT4 and 20 suspected oil thieves to officials at the Economic and Financial Crimes Commission, EFCC,...
Brent crude oil price jumped sharply and remained high on Friday after reports that the protests in Kazakhstan had disrupted production at its biggest field, Tengiz....
Senate has uncovered how Petroleum Regulatory Authority (NMDPRA) formerly known as Petroleum Product Pricing Regulatory Agency (PPPRA) paid N200 million subscription without vouchers to United Kingdom (UK)...