Oil price slumps to $63 as vaccine rollout stalls
The international oil benchmark, Brent crude, fell on Thursday for the fifth straight day to…
All Posts in "Oil, Gas & Power"
DPR Moves against Petrol Overpricing, Seals 11 Stations in Abuja
The Department of Petroleum Resources (DPR) yesterday ramped up efforts to stop overpricing of petrol,…
Nigeria’s Crude Oil Production Declined by 19.6% in Q4
Nigeria’s crude oil production declined by 19.6 per cent to an average of 1.52 million…
NNPC Spends N126bn on JV, Oil Search in January
The Nigerian National Petroleum Corporation (NNPC) funded its Joint Venture oil and gas assets, which…
OPEC+ seeks ‘fair’ oil price, says Saudi minister
Saudi Arabia and Russia pledged to continue cooperation on the OPEC+ production cut agreement, as…
Oil falls after hitting $70, OPEC+ output plunges
The international oil benchmark, Brent crude, dropped on Monday after climbing above the $70 per…
Three million meters obsolete, seven million customers unmetered — NERC
Over seven million power users have not been metered while three million meters installed in…
Oil soars above $ 67, Nigeria earns additional N318bn/month
Nigeria may have earned over N318bn additionally in February as a result of the increase…
Petrol scarcity persists, transport fares rise by 100%
Petrol scarcity in Abuja and neighbouring Nasarawa and Niger states persisted on Tuesday and provoked…
OPEC cautions Nigeria, others over crude oil production
The Secretary-General of the Organisation of the Petroleum Exporting Countries has said OPEC and its…