There is widespread uncertainty over the take-off of the Naira-for-Crude Policy, which was scheduled to begin yesterday, ...

The Crude Oil Refinery-owners Association of Nigeria (CORAN) says the NNPC will only sell crude oil in naira to refineries ...

The encouraging news is that Nigeria is set to take a significant step towards economic independence and energy security on ...

Nigeria is experiencing a renewed wave of independence from colonial influences, this time achieving it through energy independence ...

West Texas Intermediate, the US crude oil benchmark, is trading around $ ... because refiners can produce higher yield of high quality refined products from it. Density is measured by API gravity ...

Three years ago, Russia was the world’s biggest exporter of natural gas and Europe was its top customer. For the continent’s ...

The union said the refineries should be modelled after the Nigerian Liquefied Natural Gas (NLNG) model, which appears to have ...

we hear about under-the-table dealings and dubious payments regarding subsidies, revealing his inability to manage our ...

Tamaz Somkhishvili was born on 22 June 1957 in Tbilisi in the family of Valerian Amiranovich Somkhishvili and Lili Archilovna ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

Crude oil prices ticked higher today, after the Energy Information Administration reported a draw across the board ...