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Saudi Arabia prepares to flood the oil market
The Saudi Energy Ministry has told Aramco to increase its…
Coronavirus: FG to review budget, adopt new oil benchmark
Amid tumbling prices of crude oil, the federal government is…
Power sector loses N117.8bn to gas shortage, others
  Between January 1 and March 6, Nigeria’s power sector…
More revenue worries for Nigeria as oil price crashes to $33, loses $11 in hours 
The international oil benchmark, Brent crude, which stood at $45.72…
55 Nigerian oil cargoes unsold as demand tumbles
Oil traders are struggling to find buyers for 55 Nigerian…
Discos reject 17,657MW as power outage persists
Power generation on the national grid wobbled continuously in February…
Continuous fall in oil prices sparks concern in global energy market
By Kenneth Afor This week’s report of a fresh threat…
Nigeria to drive Africa new-build refining capacity growth, says report
By Samson Echenim  A recent report on the global oil…
U.S. crude drops below $50 as Washington warns of a global pandemic
U.S. crude dropped below $50 on Wednesday, the lowest level…
Gencos allege N1.7tn federal government funding shortfall
The electricity generation companies (Gencos) yesterday raised the alarm over the federal…
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