By Richard Adeniyi The Minister of State for Petroleum Resources, Timipre Sylva, has said that about one billion barrels of crude oil have been discovered in...
Analysts at the Wood Mackenzie, a global energy consultancy firm has predicted a 35% decline in Nigeria’s oil output in the next ten years owing to...
The Nigerian National Petroleum Corporation (NNPC) and other critical stakeholders in the gas sector have raised concerns over electricity deficit in the country, noting that it...
The Nigerian Electricity Regulatory Commission (NERC), says stakeholders in the electricity industry in Nigeria are planning to introduce another tariff hike despite the rejection of the...
The thirst for oil in China, the world’s biggest crude importer, is drying up rapidly as the response to the coronavirus outbreak has seen industry shuttered...
The Petroleum Industry Bill (PIB), which was first introduced to the National Assembly in 2008 with the aim to increase transparency at the NNPC and to...
The international oil benchmark, Brent crude have sunk to its lowest level in more than a year trading below the Federal Government’s benchmark for the 2020...
Following weeks of crisis that threatened its ownership of OPL 310 oilfield after a $180 million loan that turned out to be a sham, Lekoil Limited...
The Transmission Company of Nigeria (TCN) has disclosed that subsequent collapse of the National Grid cannot be totally avoided in the country. According to the company,...
Economic and financial expert have said that Nigeria needs to step up its game to revive the economy, as it has lost its space among the...