energy

By Olu Anisere CRUDE oil price bumped after U.S inventories unexpectedly rose as well as signs of weaker demand, Australia’s ANZ Bank said in a Thursday note ahead of the Organisation …

ABOUT $450 billion worth of new refinery projects and expansion of existing units would be invested in Nigeria and other developing nations, the Organisation of Petroleum Exporting Countries (OPEC) said …

CRUDE oil prices were in full retreat Thursday ahead of the much-anticipated meeting of the Organization of the Petroleum Exporting Countries (OPEC) scheduled to hold today. There was also an …

By Kate Abnett and Valerie Volcovici, Ilze Filks, Jeff Mason MORE than 100 countries have joined an effort led by the United States and European Union to slash emissions of the potent greenhouse gas methane …

OIL hit multi-year highs on Monday amidst China energy crunch, and tight competition for supply in the market as the global economy continues to heal. In the United States, a …

OIL prices pulled back Wednesday after crude lifting has seen a multi-year increase following stock build in the United States (U.S).  Data shows that inventories of commercial crude in the …

THE Organisation of the Petroleum Exporting Countries (OPEC) says Africa would reduce dependence on oil importation as it strives to meet the projected production output for 2026. In its 2021 …

CRUDE oil prices edged higher on Wednesday as the United States (U.S) crude stockpiles fall to lowest in 3 years, gasoline builds, according to Energy Information Administration (EIA). The International …

THE total revenue generated from the sale of petroleum products for the period of May 2020 to May 2021 stood at N2.35tn, the Nigerian National Petroleum Corporation said on Monday. …

THE revenue accruing to Nigeria from the sale of gas to three neighboring countries for electricity generation increased by 11.36 per cent to $6.47m last year from $5.81m in 2019. …