The Program Manager, Nigerian Gas Flare Commercialisation Programme (NGFCP), Mr. Justice Derefaka has revealed that Nigeria is set to rake in well over $3.5bn worth...
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has become divided over the directive to sell petrol at N140 per liter by the independent marketers. IPMAN...
Thirty engineering graduates have been inducted to the fifth batch of the Shell Nigeria internship programme, a four-year old scheme designed to help young graduate engineers...
The Advisory Power Team (APT) at the office of the Vice President has said the nation’s power sector lost N69.1bn between January 1 and February 19...
The Nigerian Electricity Commission (NERC) has revealed there is a divergence between generated capacity and transmitted and distributed capacity. NERC blamed both the Nigerian electricity distribution...
Ikeja Electric (IE) have warned that it would not hesitate to discontinue service to hostile customers and communities attacking its field staff while on duty....
Crude oil fluctuated between gains and losses as investors prepared for a fifth straight rise in U.S. crude inventories and oil tracked the U.S. equity...
Heavy, sour crude oil might be in high demand in the coming months as the global market struggles to adjust to the recent US sanctions...
Brent crude oil futures traded steadily at $66.41 per barrel, while the WTI sweet crude contract was up 56 cents at $56.15 per barrel. Cuts...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied that it has reduced the pump price of petrol from N145 to N140 to encourage Nigerians...