Oil and Gas

FG reduces petrol price to N123.5 per litre

The federal overnment on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a…

Oil price plunges to $22, lowest in 18 years

The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22…

Petrol imports: Marketers raise concerns over dollar shortage

While the landing cost of petrol has tumbled on the back of the sharp drop in crude oil prices, major…

Rig count crashes most in 4 years as oil shock rocks US shale

The number of oil and gas rigs in the US fell again this week by 44, falling to 728, with…

Fuel scarcity looms as tanker drivers withdraw services today

Fuel scarcity may likely hit the country next week as fuel tanker drivers have resolved to keep away from the…

Seplat grows profit 13.4% to $270m in 2019

By Omobayo Azeez Seplat Petroleum Development Company Plc recorded 13.4 per cent uptick in profit before deferred taxes to $270m…

- Advertisement -
Ad image