Energy

Royal Dutch Shell said on Monday a declaration of force majeure remained in place on shipments of Nigerian Bonny Light...

West African crude differentials were under pressure on Friday, traders said, despite a new round of disruption to Nigerian crude...

OPEC Brent oil prices rose on Friday and were set for a sixth straight week of gains, boosted by strong...

Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record, pushing the cost...

Shipments of Nigeria’s Bonny Light crude, one of the country’s major sources of oil revenue, are experiencing delays in loading,...

Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports...

 Nigeria’s Trans-Forcados pipeline which exports the Forcados crude oil is shut down for repairs to inspect a leak, a source...

State oil firm NNPC has awarded 50 companies with contracts to buy Nigerian crude and more than half of them...

The Federal Government will invest N72 billion on the 11 Electricity Distribution Companies (DISCOs), towards achieving uninterrupted power supply in...

Nigeria’s state oil firm NNPC has issued crude export contracts that are expected to last two years instead of the...