Energy

US demands that importers stop buying Iranian oil saw prices surge following fears of a global shortage, but a potential trade war...

The Transmission Company of Nigeria (TCN) says it has installed another power transformer at the Ijebu-Ode Transmission Sub-Station, increasing the...

OPEC Oil prices rose on Tuesday, supported by the production losses in Canada, Libya and from the Neutral Zone between...

ECOWAS has signed a deal with an Israel-based company, Gigawatt Global, to build renewable projects worth one billion dollars in...

OPEC OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging...

The Federal High Court in Lagos has dismissed a suit by Shell’s local arm challenging a USD 3.6-billion fine for...

OPEC OPEC moved closer on Friday towards boosting oil output as its leader Saudi Arabia appeared to have persuaded arch-rival...

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has concluded plans to formerly commence operations nationwide. Speaking to...

Minister of state for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, said Nigeria would advise against additional oil supply to the global...

Oil prices fell on Thursday as crude exporters in OPEC appeared to be nearing a deal to increase production. Benchmark...