Energy

Nigeria’s domestic refineries processed 683,000 barrels of crude oil per day in August 2026, a 16.75 per cent increase from...

Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit by N25 a litre to N1,325. The cut...

Brent crude eased to about $101.71 a barrel while US West Texas Intermediate slipped below $100 as investors assessed renewed...

Oil prices rose more than two per cent on Monday as renewed military exchanges between the United States and Iran...

Nigeria’s energy inflation rate declined to 4.37 per cent in July 2026, its lowest reading in four months, according to...

The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has said that Nigeria’s fuel subsidy bill could have ballooned to...

Nigeria’s foreign exchange demand for oil-sector imports rose sharply by 114.91 per cent in 2025, underscoring the country’s continued reliance...

The Nigerian National Petroleum Company Limited has cut the pump price of petrol from N1,335 to N1,299 per litre, a...

Brent crude has dropped more than $16 per barrel over eight trading sessions, wiping out most of the gains sparked...

Seplat Energy Plc has entered a legally binding agreement to dispose of a 10% working interest in its joint venture...