Energy

The expenditure incurred on subsidizing fuel in Nigeria rose to 525.714 billion naira (about $1.22 billion) in August 2022, summing...

Nigeria’s crude oil production slid to 972 thousand barrels per day (tb/d) in August 2022, dropping by 112 tb/d as...

The plan to commercialize gas flaring from oil fields in Nigeria is at an advanced phase and would help the...

Nigeria has lost its position as the largest oil producer in Africa as its crude oil production for August was...

Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have resorted to a protest to decry...

Nigeria’s Minister of State Petroleum Resources, Timipre Sylva, has said that Nigeria will be able to send more Liquefied Natural...

Nigeria’s Vice president, Yemi Osinbajo, has proposed a debt-for-climate swap agreement to ensure that African countries--the most vulnerable to the...

Nigeria’s Vice President, Yemi Osinbajo, has stated that in delivering on the net-zero emission plan by 2060, Nigeria would need...

The Organization of Petroleum Exporting Countries (OPEC), expects a world oil demand growth of 3.1 mb/d for 2022, a downward...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has overruled President Muhammadu Buhari’s approval of the acquisition of Exxon Mobil's $1.28...