Oil and Gas

The Nigerian National Petroleum Corporation says demand for Nigeria’s crude oil in March dropped by 6.8 million barrels due to...

…organization meets in Vienna on Thursday Ben Eguzozie, with agency report As member-countries of the petroleum producers’ group, OPEC and...

Timipre Sylva, the minister of state for petroleum resources, on Monday pledged Nigeria’s readiness for the deliberations on output cut...

The federal government has issued a three-month ultimatum to power Distribution Companies (Discos) to improve the quality of power supply...

Nigeria to suffer $15.4bn loss, Africa’s biggest Africa’s oil producers should unfold incentives, plan for future to survive Ben Eguzozie, with...

The federal overnment on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a...

The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22...

While the landing cost of petrol has tumbled on the back of the sharp drop in crude oil prices, major...

The number of oil and gas rigs in the US fell again this week by 44, falling to 728, with...

Fuel scarcity may likely hit the country next week as fuel tanker drivers have resolved to keep away from the...