Dangote Petroleum Refinery & Petrochemicals has lowered its ex-depot (gantry) price for Premium Motor Spirit (petrol) to N1,200 per litre,...

The escalating conflict in the Middle East has triggered one of the most significant supply disruptions in recent energy history,...

Nigeria generated $31.54 billion from crude oil exports in 2025, according to the Central Bank of Nigeria’s (CBN) Balance of...

Brent crude futures climbed to $105.15 per barrel in late trading on Monday, up nearly 2% for the day, as...

Energy experts, economists, and industry stakeholders are sounding the alarm over the Federal Government's suspension of petrol import licences, which...

The Nigerian National Petroleum Company Limited (NNPC Ltd.) reported a profit after tax of N385 billion for January 2026, even...

Crude oil prices rocketed above $100 per barrel on Sunday evening and into Monday, marking the first breach of that...

As the escalating US-Iran conflict sends global oil prices soaring past $80 per barrel and triggers fuel shortages and long...

President Bola Tinubu has signed an executive order that fundamentally reshapes the management of Nigeria's oil and gas revenues, directing...

MTN Group Limited, Africa's leading mobile network operator, has entered into a definitive merger agreement to acquire full ownership of...