Nigerian differentials were broadly unchanged on Thursday, after a series of offers from Shell for October-loading cargoes drew no buyers, and even BP, which...
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The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (Cooking Gas) increased...
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The price of Petroleum Motor Spirit (PMS), popularly called petrol, increased by 0.1 percent month-on-month (MoM) to N146.90 in August 2018 from N146.80 in...
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Nigeria faces a bleaker future should oil demand peak 15 years earlier than previous forecasts that estimated it will take another 20 years to...
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The Organisation of Petroleum Exporting Countries (OPEC), yesterday said its August crude production increased by 278,000 barrels a day to average 32.56 million barrels...
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The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates...
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Against the backdrop of the gas explosion in Nasarawa State on Monday, the Nigeria Liquefied Petroleum Gas Association has highlighted the need for greater...
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The Kano State Government says it has provided land for the construction of a mega gas pipeline from Ajaokuta to Kano. The Secretary to the...
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Nigeria is pouring scarce resources required to fix critical sectors such as education and health care services into subsidies on petroleum products and electricity,...
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