Energy

Ibe Kachikwu The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says resumption of crude oil prospecting in the...

Mohammed bin Hamad Al-Rumhy Nigeria is willing to cut its oil production from 1.8 million barrels per day (bpd) if...

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...