International oil companies IOC, operating in Nigeria are frustrating government efforts at achieving local content in the oil and gas industry. Manipulations and flagrant disregard to...
Prof. Chinedu Nebo, Minister of Power took delivery of abandoned energy equipment in 248 containers from the Nigerian Customs Services at Apapa, Lagos. The equipments were...
The Minister of Power, Prof. Chinedu Nebo, said the Federal Government had concluded plans to explore ways of implementing the Indian power sector model in Nigeria...
Royal Dutch Shell is ready to pay up to 30 million pounds ($51 million) in compensation for two oil spills in Nigeria in 2008 after a...
oil importers say Ghana’s government quietly reintroduced fuel subsidies in April, and has spent about $85 million since then in extra payments, the head of the...
The Nigeria Liquefied Natural Gas (NLNG) Ltd., on Friday, signed N2 billion Memorandum of Agreement (MoA) with six Nigerian universities to develop their engineering education capacity....
The Nigeria Extractive Industries Transparency Initiative, NEITI has signed a Memorandum of Understanding, MoU, with the Civil Society Organisations, CSOs, aimed to ensure speedy remediation of...
Brent crude oil rose above 109 dollars a barrel yesterday as U.S. jobs figures pointed to healthy economic growth, other data and higher oil demand from...
The Senate Committee on Finance which investigated the NNPC over allegations of fraud leveled against it by the suspended Governor of the Central Bank, Mallam Lamido...
The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, says the Federal Government has concluded plans to build a super grid power transmission system...
The Nigerian Electricity Regulatory Commission (NERC) has in Abuja inaugurated committees to handle electricity supply complaints in its Benin, Jos and Yola offices. The NERC Chairman,...
Lagos State Government said the state would require nothing less than 5,000 megawatts (mw) of electricity to attain power stability. Mr Taofeek Tijani, Commissioner for Energy...
… As Total reviews Ofon 2 from $2.85bn to $6.63bn There is no better demonstration of how Nigerians suffer unduly on account of the padding of...
The Federal Government on Friday said it had concluded plans to launch a National Policy on Renewable Energy and Energy Efficiency to boost power supply in...
Caverton, a provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, makes history as the first offshore support...