Energy

Oil prices Saudi Arabia's Energy Minister Khalid al-Falih said on Monday rising oil demand growth would more than offset increasing...

The United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Friday he hopes that global supplies will start...

OPEC Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers...

Oil prices A slow down of oil drilling by American shale oil producers helped to move oil prices to  $49 a...

NUPENG The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday appealed to the NNPC to provide  alternative...

Kerosene scarcity The Nigerian National Petroleum Corporation (NNPC) says the  Port Harcourt, Warri and Kaduna refineries, are presently producing five...

Nigerian trade was limited with tender awards coming out and force majeure declared on Bonny Light exports while the market...

The Senate and the Federal Government have resolved to revamp the Port Harcourt refinery as against the rumours of plans...

OPEC said on Wednesday its oil production jumped in June and forecast world demand for its crude will decline next...

The Nigerian National Petroleum Corporation (NNPC) has pledged that despite challenges in the downstream petroleum sector, petroleum products would continue...