Oil & Gas

Venezuela prepares public for petrol price increases

Venezuela's socialist government has launched a flurry of TV commercials and newspaper ads aimed at…

Double blow for Nigeria as LNG prices crash

Asian spot liquefied natural gas prices for March delivery fell sharply for a second week…

At N87 per litre, petrol consumption still subsidised- PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) on Friday said that Federal Government is still…

Oil drilling companies face collapse in Q2

* A Bloomberg report Oil drillers will begin collapsing under the weight of lower crude…

Nigeria: Petrol still selling above N97

Independent petroleum marketers in Birnin Kebbi, the Kebbi State capital in the northern part of…

How crude price affects production in Nigeria – NNPC

Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr.

6 fuel stations sanctioned in Abuja

The Weighing and Measuring Department of the Federal Ministry of Industry, Trade and Investment has…

PDP should reduce fuel prices now, says APC

The All Progressives Congress has accused the Peoples Democratic Party (PDP) led Federal Government of…

OPEC cannot protect oil price: UAE minister

OPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates…

Oil extends losses in Asia

Oil extended its "disconcerting" plunge towards six-year lows in Asia Tuesday after Wall Street giant…