Oil and Gas

The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel....

Oil traders are struggling to find buyers for 55 Nigerian crude oil cargoes as the spread of the coronavirus has...

Power generation on the national grid wobbled continuously in February as electricity distribution companies rejected a total of 17,657.19 megawatts...

By Kenneth Afor This week’s report of a fresh threat on coronavirus outside China is giving a lot of concern...

By Samson Echenim  A recent report on the global oil and gas refining capacity forecast has picked Nigeria as Africa's...

U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries...

The electricity generation companies (Gencos) yesterday raised the alarm over the federal government’s failure to make plans on how to fund the...

The nation’s crude oil reserves of 37 billion barrels, two per cent of which is being produced annually, will be...

Oil rose to a two-week high on hopes that economic stimulus from China can revive demand battered by the coronavirus,...

The Nigerian National Petroleum Corporation has said the nation lost about $750m to crude oil theft in 2019. Mele Kyari,...