Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in December, figures...
President Muhammadu Buhari has commissioned a new 330/132/33KV Transmission Substation in Damaturu, Yobe, another milestone recorded to boost power supply. Buhari was represented by the Minister...
The major factor encouraging the continuous flaring of gas in Nigeria’s oil fields remains the inability of oil exploration firms to install infrastructure to harness gas...
The 1 million barrel consignment, which will head toward the Dutch port of Rotterdam, comes at a tricky moment for the West African country, given...
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...