The President vowed yesterday to recover the $16 billion power funds that went down the drain during former President Olusegun Obasanjo’s administration. “Where is the power?...
Nigeria’s Minister of State for Petroleum Resources, Dr. Emmanuel Kachikwu, disclosed that the Federal Government had recovered no less than N1.2 trillion in unpaid royalty...
Oil prices rose amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. output and concerns over economic growth...
A top staff of Mobil Producing Nigeria Unlimited, Paul Arinze, on Monday, asked a National Industrial Court in Lagos, to suspend a “Special Review Audit” that...
The Transmission Company of Nigeria (TCN) says the National Grid successfully transmitted a new generation peak of 5,375MW on Feb. 7. Mrs Ndidi Mbah, TCN General...
Oil prices fell on Monday as an uptick in U.S. drilling and concerns about demand due to the slow progress in U.S.-Chinese trade talks overshadowed support...
Federal government has charged gas producing companies in the Niger Delta to do more to help government in its efforts to end gas flaring by...
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N2.06 billion for operations in the month of November 2018, indicating a 116 percent...
Lagos State is getting ready to develop its own independent power project (IPP) programme, based on both pipeline gas and liquefied natural gas (LNG),and that would...
The Minister of Power, Works and Housing, Babatunde Fashola and the Transmission Company of Nigeria, TCN, have given different figures as the power generated in the...