Tag: Energy

Fears over Nigeria descending into a recession have intensified after US crude tested levels below $20 for the first time in more ...

dis The Nigerian Electricity Regulatory Commission says there will be a 3-month delay in the implementation of the proposed electricity ...

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 ...

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

By Omobayo Azeez Seplat Petroleum Development Company Plc recorded 13.4 per cent uptick in profit before deferred taxes to $270m ...

Nigeria and other oil-producing countries in Africa will lose up to $65 billion in revenues because of the impact of ...

Nigeria’s external reserves recorded a decline of $2.3bn from $38.59bn to $36.22bn within a two-month period, covering January 1 and ...

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