Energy

African oil-producing nations planning to launch a $5 billion energy bank next year in Abuja have already secured 45% of...

The National Security Adviser (NSA) to the President, Nuhu Ribadu, has revealed that the fuel subsidy system was rife with...

Nigerian oil blends drew closer to the $80 per barrel mark once again, as the Iran-backed militias-Israeli conflict momentarily changed...

The Nigerian government is aiming to attract $5 to $10 billion in near-term investments for deep-water offshore operations through the...

The Rural Electrification Agency (REA) has disclosed it is starting a new rural electricity project next month financed by the...

The federal government has introduced tax reliefs for deep offshore oil and gas projects in the country as well as...

The Federal Government has announced value added tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG),...

The Organization of the Petroleum Exporting Countries (OPEC) has refuted a report suggesting that crude oil prices could drop to...

Oil prices surged by more than a dollar in early trading today amid growing concerns that escalating tensions in the...

Shell Plc has appointed Mr. Ronald Adams as the new Managing Director of its deep-water subsidiary in Nigeria, Shell Nigeria...