Oil and Gas

FUEL marketers have declared they can no longer sell petrol at N165 per litre because of what they called the upsurge in transport and...

SHELL has suspended its decision to divest its Nigerian onshore oil assets, choosing instead to comply with the outcome of a Supreme Court ruling...

FARES of the Bus Rapid Transit (BRT) buses in Lagos will be going up by N100 on all routes due to what the state...

PRESIDENT Muhammadu Buhari has explaind to the International Monetary Fund (IMF) and the World Bank why he ignored their advice on fuel subsidy removal. Buhari,...

The ICIR reporter thought he was headed, this morning, for a smooth ride in the commercial tricycle, called keke Marwa in the local parlance,...

JP MORGAN Chase has won a $1.7 billion London High Court battle against Nigeria over its role in a disputed 2011 oilfield deals involving...

NIGERIA risks losing outright gains from rising oil price of above $100 dollars per barrel since it has failed to embrace reforms that could...

PRESIDENT Muhammadu Buhari has ordered Nigerian security agencies to intensify the clampdown on operators of illegal refineries in Nigeria. The president gave the directive on...

A report by the National Bureau of Statistics (NBS) shows that the average price of liquefied petroleum gas (LPG), otherwise known as cooking gas,...