OPEC OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging...
Read moreDetailsThe Federal High Court in Lagos has dismissed a suit by Shell’s local arm challenging a USD 3.6-billion fine for...
Read moreDetailsOPEC OPEC moved closer on Friday towards boosting oil output as its leader Saudi Arabia appeared to have persuaded arch-rival...
Read moreDetailsThe Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has concluded plans to formerly commence operations nationwide. Speaking to...
Read moreDetailsMinister of state for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, said Nigeria would advise against additional oil supply to the global...
Read moreDetailsOil prices fell on Thursday as crude exporters in OPEC appeared to be nearing a deal to increase production. Benchmark...
Read moreDetailsThe Nigerian Electricity Regulatory Commission (NERC) on Wednesday announced the suspension of the board of directors of Ibadan Electricity Distribution...
Read moreDetailsOil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity...
Read moreDetailsThe Transmission Company of Nigeria (TCN) on Tuesday in Lagos said gas supply to generating stations had built up gradually...
Read moreDetailsThe Nigerian Government has demonstrated commitment to introduce nuclear power into its energy mix to boost electricity generation in the...
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