Energy

The International Monetary Fund has expressed concern over rising energy prices and disruptions to global trade caused by the crisis...

The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS) at its retail...

QatarEnergy has announced a decision to stop downstream production just a day after it announced a halt to liquefied natural...

Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have warned that the ongoing military confrontations...

Global oil and gas shipping rates surged to record levels as tensions escalated between the U.S. and Iran, with supertanker...

The Federal Government has split the controversial OPL 245 oil block into four new assets to be operated by Eni and Shell,...

Saudi Aramco has suspended operations at its 550,000 barrels-per-day Ras Tanura refinery in Saudi Arabia’s Eastern Province following a drone...

OPEC+ has agreed in principle to a slightly larger increase in oil production next month as a conflict sparked by...

Oil and gas tankers are increasingly avoiding the Strait of Hormuz following US and Israeli strikes on Iran, with several...

The Minister of Power, Chief Adebayo Adelabu, has directed the Ibadan Electricity Distribution Company (IBEDC) to expedite the rollout of...