Businesses Groan As Diesel Price Rises To N250/litre

The price of diesel has risen to N250 per litre, with businesses groaning on the back…

Oil-Producing Countries Suffered 40% Drop In Oil Investment – Report

Nigeria and other oil-producing countries in sub-Saharan Africa saw a 40 per cent decline in oil…

Oil prices down amid strong import data from world’s largest buyer

Oil prices drifted lower at the last trading session of the week. Surprisingly oil prices are…

GROUP VOWS TO BOOST INNOVATION IN OIL INDUSTRY

The Nigerian Content Development and Monitoring Board has said it will continue to boost innovation as…

AS ELECTRIC VEHICLE SALES RISES, NIGERIA’S OIL FACES THREAT

The rising number of countries gradually shifting from fossil fuels and encouraging the adoption of electric…

NGC SPEAKS AGAINST PIPELINE VANDALIZATION

The Nigerian Gas Company on Monday warned on the dangers inherent in pipeline vandalism, as it…

FG WARNS ANAMBRA OIL EXPLORATION FIRM

The Federal Government has warned that the exploration of hydrocarbon in reserves must be done in…

AMID PRICE COLLAPSE, OIL FIRMS’ DEBTS ROSE BY N5TN

The debts owed by oil and gas companies to Nigerian banks rose by N90bn in the…