Energy

LNG Canada has laid off 750 people as a preventive measure against the Covid-19 pandemic before it reaches the construction...

Oil prices plunged below $24 a barrel for the first time in almost 18 years after Saudi Arabia doubled down in its...

The federal government may have directed the reduction in the pump price of Premium Motor Spirit (PMS) from N145 per...

With the international oil benchmark, Brent crude, falling below the $30 per barrel mark on Monday, the oil-dependent Nigerian economy...

Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn...

Russian oil firms plan to raise their oil production from April and they are comfortable with the current oil prices...

The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a...

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1­ to...

The management of the Nigerian National Petroleum Corporation has retired about 40 group general managers and general managers at the...

Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told...