Long queues that recently resurfaced at many petroleum stations in the country have been attributed to a batch of adulterated and contaminated petrol supplied by Nigerian...
Coming from a seven-year high record of $90 per barrel last week, oil prices in the global market set a new record on Monday, trading above...
Rising oil prices could create $500bn stranded asset trap – Report Major oil companies could get caught in a stranded asset trap worth as much as...
With a whopping deficit of approximately N2 trillion out of its projected N2.511 trillion, the Nigerian National Petroleum Company (NNPC) Limited, was unable to remit roughly...
Nigerian integrated petroleum products marketing company, Ardova Plc, has expressed its optimism to complete and bring on stream its 20,000 metric tonnes Liquefied Petroleum Gas (LPG)...
The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned removal of...
Petroluleum products marketing giant, Ardova Plc, at the weekend it would finish construction of its new world-class Liquefied Petroleum Gas (LPG) storage facility located in Ijora,...
The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company (IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John...
The Niger Delta Power Holding Company on Monday announced the shutdown of its 504 megawatts Alaoji Power Plant following the vandalism of a part of the...
Dangote Petroleum Refinery has received more up-votes as more economic groups and experts express optimism on its ability to unlock growth in the downstream sector of...