Browsing: Editor’s Picks

Oil prices dropped more than $1 per barrel on Monday, settling at their lowest levels since February 2021, as OPEC+ accelerated its planned production increases amid…

Oil prices fell more than $2 a barrel in Asian trade on Monday as OPEC+ is set to further speed up oil output hikes, spurring concerns…

Oil companies are braced for a toughest year since the coronavirus pandemic as lower crude prices squeezed their 2025 first-quarter (Q1) profits. Big Oil’s shareholder returns…

Oil companies are braced for a toughest year since the coronavirus pandemic as lower crude prices squeezed their 2025 first-quarter (Q1) profits. Big Oil’s shareholder returns…

The federal government has pledged to pay off a substantial portion of the approximately N4 trillion) legacy debt owed to electricity generation companies (GenCos), in a…

President Bola Tinubu is set to meet with the leadership of Nigeria’s power Generation Companies (GenCos) following urgent talks between the Federal Government and electricity producers…

Former Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has denied reports that he is in the custody of the…

On Thursday evening, Russia and Opec struck a deal to boost oil supply by 500,000 barrels a day from January Eight OPEC+ countries meeting on Saturday…

Eight OPEC+ countries will meet on Saturday to decide whether to agree a further accelerated oil output hike for June or make a smaller increase as…

The Federal government, through the ministry of power has announced progress made with the implementation of the mass metering project ongoing at the army formation across…