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03 July 2015, Lagos – Activities at the various petrol depots in the Apapa axis of Lagos and other parts of the country were grounded on Thursday following very poor supply of Premium Motor Spirit (petrol) to them. Petrol tankers looking to load the product flooded the Apapa area where a large chunk...

OPEC headquarters 03 July 2015, Sweetcrude, Vienna, Austria — The price of OPEC basket of twelve crudes stood at 58.99 dollars a barrel on Thursday,...

Mkpoikana Udoma 03 July 2015, Sweetcrude, Uyo – Heavily armed men suspected to be sea pirates have invaded the Nigerian Customs Service base in...

02 July 2015, Lagos – Residents of Anambra State are experiencing another round of fuel scarcity due to the closure of most filling stations in...

02 July 2015, Lagos—After two days of absence, tanker drivers have returned to the ever busy Oshodi-Apapa highway with the resultant traffic gridlock. Governor...

Kunle Kalejaye 01 July 2015, Sweetcrude, Lagos – Power generation at Nigeria’s largest electricity generation plant, the Egbin Power station,...

02 July 2015, News Wires – Independent producer Tullow Oil reported Wednesday that it had seen strong oil production from its West African operations...

01 July 2015, Kampala – The Ugandan government said on Wednesday it had shortlisted 17 oil companies to bid for six exploration blocks in the east...

01 July 2015, Lagos – Despite the clamour by the poorer members of the Organisation of Petroleum Exporting Countries (OPEC) for the cartel to reduce...

01 July 2015, Abuja – Fuel queues have resurfaced in filling stations across the Federal Capital Territory as a number of the stations have stopped...