Oil & Gas

    China's Hengli Petrochemical, sanctioned by the U.S. for ​allegedly buying Iranian oil, has cancelled recent purchases of non-Iranian...

      Oil prices fell more than 1% to a four-month low on ​Thursday as concerns over supply disruptions...

  Independent petroleum marketers have warned that they could shut down filling stations across Nigeria if the Federal Government attempts...

The average retail price of Premium Motor Spirit, commonly known as petrol, rose by 55.31 percent year-on-year to N1,596.25 per...

    Brent crude oil has fallen to its lowest level since before the outbreak of the Iran war, as...

 The Federal Government has ordered a nationwide crackdown on hoarders and profiteers of cooking gas, citing a sharp rise in...

  Oil prices fell on Monday after negotiations between the United States and Iran concluded in Switzerland, with Tehran announcing...

Oil prices fell about 5% for a second day in a row to a three-month low on ​Tuesday as details...

Nigeria’s average daily natural gas production increased to 7.93 billion standard cubic feet per day (bcf/d) in May 2026, marking...

The Federal Government said it has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to intensify engagement with...