The loss of as much as 20% of the world's crude oil and refined fuels through the ongoing effective closure of the Strait of ...

The Nigerian Navy has intensified its crackdown on crude oil theft and illegal bunkering, destroying a reactivated illegal ...

Energy policy group urges President Tinubu to reconsider petrol import permits, warning of negative impacts on Nigeria's economy and local refining efforts.

The Nigerian Navy has intensified its crackdown on crude oil theft and illegal bunkering, destroying a reactivated illegal refinery site in Rivers State ...

IEA to release 412M barrels from emergency reserves to ease crude prices after Iran war disrupts Hormuz flows.

The escalating US-Iran conflict triggers a massive petrol price surge in Nigeria. See why experts are urging the government for immediate economic relief.

The International Energy Agency (IEA) said war in the Middle East was “creating the largest supply disruption in the history ...

The Nigerian Navy intensifies its illegal refinery crackdown, destroying a site in Rivers State and intercepting 3,950 litres of stolen fuel in Calabar.

Beyond economics, energy cooperation has geopolitical implications. The willingness of neighbouring countries to seek assistance from India reflects a deeper level of trust and interdependence ...

The world’s leading central banks, including Australia’s RBA, are meeting this week and they are facing a dilemma they have been desperate to avoid.

The world this week saw West Asia tensions escalating amid the US-Israel war, the appointment of Iran's new Supreme Leader Mojtaba Khamenei on March 8, Sweden becoming the 32nd member of NATO, and ...