Energy

The Ministers of Foreign Affairs of 12 countries have demanded the opening of the Strait of Hormuz, a critical oil...

Nigeria imported crude oil worth $3.74 billion in 2025 for processing at the Dangote Petroleum Refinery, signalling a structural shift...

The United States has relaxed sanctions on Venezuela’s state-owned oil company, Petróleos de Venezuela. The development was communicated by the...

Residents and business owners in the Amuwo-Odofin area of Lagos State may face a four-month blackout due to the scheduled maintenance of a 132kV...

The Major Energies Marketers Association of Nigeria (MEMAN) has said downstream operators are under immense pressure due to the global...

A growing number of Nigeria’s power generation companies (GenCos) have shut down operations amid a mounting N6.8 trillion debt burden,...

Oil marketers have cried out that their businesses are suffering due to the spike in the pump price of petrol as...

A major gas facility in the United Arab Emirates has been set ablaze following a drone strike on Tuesday, heightening concerns...

The Nigerian Upstream Petroleum Regulatory Commission has shortlisted bidders for Nigeria’s 2025 oil and gas licensing round.

Importers across the Gulf are scrambling to secure alternative routes for vital goods as the effective closure of the Strait...