Oil Futures in London traded below $42 a barrel after dropping 1.5% on Monday. Only four of 10 Asian refiners surveyed by Bloomberg said they would...

Nigeria spent N1.09 trillion to import Premium Motor Spirit, PMS, also known as petrol, in the first six months of 2020, rising by 42.3 per cent,...

OBINNA EZUGWU A consortium of foreign investors looking to invest $5 billion in renewable energy projects across Nigeria on Monday, presented their proposal to Saleh Mamman,...
OBINNA EZUGWU Nigeria’s president, Muhammadu Buhari has justified the recent hike in the pump price of Premium Motor Spirit (PMS), also called fuel from N138 to...
11 Plc (formerly Mobil Oil Nigeria Plc) has announced a dividend of N8.25 for every 50 kobo share for the period ended December 31, 2019. The...
Adebayo Obajemu Youths in Oyigbo Local Government Area of Rivers State, have issued a fresh 72 hours ultimatum to the Port Harcourt Electricity Distribution Company, PHEDC,...

Adebayo Obajemu The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has mandated its members to sell Premium Motor Spirit at N162 and N165 per...

OBINNA EZUGWU Following the criticism over recent hike in pump price of Premium Motor Spirit (PMS) from N138 to N151.56 by the Federal Government, the presidency...

OBINNA EZUGWU Former Banker and Founder, Stanbic IBTC, Atedo Peterside has called for full deregulation of the downstream petroleum industry, arguing that the government should have...