Energy

The Nigerian National Petroleum Company Limited has reported a profit after tax of N276 billion for March 2026, a significant...

South Africa will increase the price of both grades of petrol by 75 cents per litre and diesel by 85...

The Ibadan Electricity Distribution Company has confirmed the abduction of an unspecified number of its workers along the Ibadan-Fiditi road...

Nigeria’s upstream oil sector is witnessing intense competition as hundreds of companies scramble for limited assets in the ongoing licensing...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has taken another step toward restoring Nigeria’s struggling refining sector by signing...

The sustained rise in diesel prices, now exceeding N2,000 per litre in many locations, is threatening a N140 billion margin...

A Nigerian crude oil trader is facing a global asset freeze following a $40 million debt default, in a case...

Global oil prices surged on Monday following renewed violence in the Strait of Hormuz, after President Donald Trump offered US...

Nigeria’s state owned oil company, NNPC Limited, has signed a memorandum of understanding (MoU) with two Chinese firms to rehabilitate...

The Nigerian National Petroleum Company has reported a significant 60 percent increase in remittances to the Federation Account, reaching N2.88...