Renewable Power Generation Costs report in 2021 has shown that almost two-thirds or 163 gigawatts, GW, of newly installed renewable power in 2021 had lower costs...
Global benchmark Brent crude tumbled to below $100 a barrel on Tuesday due to a stronger dollar, demand-sapping COVID-19 curbs in top crude importer China and...
South South Leader and former federal commissioner for information, Chief Edwin Clark has warned that the people of the Niger Delta region would resist any attempt...
African Export-Import Bank (Afreximbank) said it has executed a project preparation facility financing head of terms with UTM Offshore Limited (UTM), under which the Bank will...
Crude oil theft in Nigeria poses an existential threat to the country’s oil industry, the local head of Shell told an energy conference, adding this has...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said the Petroleum Industry Act (PIA) had introduced incentives to grow reserves. This is coming at a time when global...
Participants at the ongoing 2022 Nigerian Oil and Gas (NOG) conference have expressed grief on the sudden death of Dr Mohammad Barkindo, the Secretary-General, Organisation of...
The National Assembly Joint Committee on Host Communities has again summoned the Minister of Environment, Mohammed Abdullahi, to present the status of the Ogoniland Cleanup Project....
Nigeria needs $800 billion worth of investments to deliver 3.5 million barrels of crude oil, 15Bcfd of natural gas. Group General Manager of the National Petroleum...
Nigeria LNG Ltd’s plant is producing at up to 68% of its capacity due to theft of crude oil and vandalism of pipelines, among other problems,...
Nigeria’s oil minister Timipre Sylva has said that Nigeria would not abandon fossil fuels even as investment in oil and gas is dealing. He said this...
Information Minister Lai Mohammed has said that now is the wrong time to remove Nigeria’s costly fuel subsidy, noting that many other nations were introducing measures...
The 10,000 barrels per day (bpd) Duport Refinery promoted by the Nigerian Content Development and Monitoring Board (NCDMB) and Duport Midstream Company Limited (DMCL) is ready...
The Matrix Energy Exploration and Production Company Ltd., says it will replicate its positive performance in the downstream sector of the petroleum industry in its operations...
Oil prices gained for a fourth straight session on Wednesday as data showed a drawdown in U.S. crude stockpiles, adding to ongoing worries of tight supply,...