A total of 254 local and foreign companies are bidding to participate in the process of selection of traders to sell Nigerian crude oil abroad. This...
The role of off-grid and mini-grid in rural electrification in Africa, will be a key discussion session during the 10th Africa Energy Indaba Conference at...
The country’s electricity supply situation is set to improve as the Nigerian National Petroleum Corporation, NNPC said it has concluded repair works on the Escravos-Lagos Pipeline,...
The Federal Government has warned that it will impose heavy sanction on petroleum marketers who sell above the N145 per litre approved pump head price. The...
Crude oil prices continued in the upward swing and hit their highest levels since in three years. The current upward swing is being supported by three...
Federal Government, ha agreed to undertake a review of the pricing template and landing cost of petrol in addition to a number of incentives for oil...
Oil prices rose on Wednesday to new two-and-a-half year highs as robust output in the United States and Russia balanced tensions from a sixth day of...
Petroleo Brasileiro SA, Brazil’s state-controlled oil company, said on Wednesday it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors...
For the second year running, Forte Oil maintained its leadership as the worst performing stock on the Nigerian Stock Exchange (NSE) in 2017 in percentage terms....
President Muhammadu Buhari has said that the federal government would resuscitate old power projects to boost power supply across the country in 2018. The president said...
Managing Director of Niger Delta Development Commission (NDDC), Mr. Nsima Ekere has commended the federal government led by President Muhammadu Buhari for its commitment in...
The Nigeria Extractive Industries Transparency Initiative, NEITI, accused the Nigerian National Petroleum, its downstream subsidiary, the Nigerian Petroleum Development Company, NPDC and other oil companies of...
Oil and gas producing communities in Niger Delta region under the aegis of Host Communities of Nigeria (HOSTCOM), have asked for the payment of the N89...
The Nigerian National Petroleum Corporation (NNPC) has picked holes in the statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on fuel supply...
Chairman of AO Demarg, General Ademola Fadunsi, rtd, has blamed banks for the slow pace of solar energy investments in Nigeria, saying the refusal of banks...