Global oil prices rose on Monday, reversing earlier declines, as escalating Western sanctions on Russia and Iran fueled concerns about tighter crude supplies. ...

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that the ongoing rehabilitation of the 150,000 barrels per day (bpd) Port Harcourt ...

The Federal Government of Nigeria has officially launched the first batch of locally assembled Compressed Natural Gas (CNG) buses, marking a significant milestone ...

Nigeria’s oil sector has reached a significant milestone as the Warri Refining and Petrochemical Company Limited (WRPC) resumed operations, signaling a major step ...

In a significant development, the Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has officially transferred regulatory oversight of the electricity market ...

President Bola Ahmed Tinubu has expressed his joy and optimism following the successful restart of operations at the Warri Refining and Petrochemical Company, ...

The Nigerian National Petroleum Company Limited (NNPCL) has officially announced the commencement of operations at the 125,000-barrel-per-day Warri Refining & Petrochemicals Company (WRPC) ...

The World Bank has fully disbursed a $1.5 billion loan to Nigeria, marking one of the fastest loan disbursements the country has received. ...

The recent drop in the price of Premium Motor Spirit (PMS), commonly known as petrol, has been attributed to heightened competition between Nigeria’s ...

The Central Bank of Nigeria (CBN) has attributed the significant decline in the country’s oil revenue for the third quarter of 2024 to ...