Oil and Gas

OPEC on Thursday cut the forecast of global demand for its crude this year as rivals boost production, building a...

 China expanded its coal-to-gas and coal-to-electricity projects to 35 cities in 2018 from 12 cities the previous year, China’s environment...

Oil prices were broadly unchanged on Thursday as OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran counteracted...

Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation, on Wednesday, warned the management and staff of the...

The Organization of Petroleum Exporting Countries (OPEC) and its partners are unlikely to decide on their output policy in April...

Royal Dutch Shell has said it has not declared a force majeure on Nigeria’s highest crude grade, Bonny Light following...

Heavy, sour crude oil might be in high demand in the coming months as the global market struggles to adjust...

OPEC kingpin Saudi Arabia said it has received pledges of commitment from OPEC members and its allies to cut production...

Abuja Electricity Distribution Company (AEDC) has commissioned a €2.4 million (about N982m) integrated commercial management systems (InCMS)  automated platform to...

South Africa grappled with traffic gridlock and shuttered businesses after the struggling state power utility cut supply for a third...