Economics 101
Nigeria's oil agency reveals it is still owed about N2.8T in outstanding subsidy payments as it revises the price of petrol to N511 a litre...
Fuel Queues Return
Nigerian "President" Bola Tinubu inaugural address in which he said no more subsidy leads to panic buying and hoarding Nigerians on Tuesday, are queuing for...
The $14 Billion Oil Refinery
Nigeria seeks to end chronic fuel shortages by commissioning a large refinery but there is not enough domestic crude oil to refine due to theft...
Corporate Power
Shell wins UK Supreme Court victory after communities in the Nigerian delta sued the oil giant for a 2011 environmental disaster The UK Supreme Court...
Iran Seizes Second Tanker
IRGC Navy seizes its second oil tanker in a week as Iranian President meets his Syrian counterpart in Damascus move comes after Washington blocked Iranian...
Fuel Subsidy Remains For Now
Nigeria's outgoing finance minister says the fuel subsidy remains for now despite collecting $800 million grant from the World Bank as "president-elect" insists the subsidy...
All About Gas
Ukrainian state energy company Naftogaz in talks with American energy companies in attempt to lure back foreign investment FT reports Ukrainian state-owned gas company Naftogaz...
Trump Backs Russia
Former US President Donald Trump says Moscow did not blow up the Nord Stream gas pipelines hinting that Washington carried out the sabotage Former US...
Nigeria’s Great Reset
Outgoing Buhari administration saddles incoming government with fuel subsidy removal which will see a litre of fuel selling for N750 resulting in unprecedented inflation and...