By Odunewu Segun With oil futures prices surging past three-year highs at over $70 a barrel, and investors betting in record numbers that prices could rocket...
About nine months to the 2019 general elections, the Nigerian National Petroleum Corporation (NNPC) has awarded oil-lifting contracts to 50 companies and 32 of the beneficiaries...
A Tribunal has ruled that Norwegian oil company, Statoil, forfeited its 5% stake in Agbami Oilfield as well as the payment of $1.1bn to its...
Shell Nigeria Exploration and Production Company (SNEPCo) says it has delivered a total of 763 million barrels of oil from the Bonga field between first production...
The House of Representatives has passed a motion urging the Federal Government to halt the proposed sale of its stake in the Nigerian Liquefied Natural...
With Brent crude futures up by 29 cents at $77.50 a barrel, gaining 3.5 per cent so far in the week, oil price is set...
Babatunde Fashola, Minister of Works, Power and Housing, says interested investors are free to establish commercial independent power generation plant or solar power plant without seeking...
Nigerians are likely to expert more epileptic power supply in the coming days following the drop in Nigeria’s electricity generation capacity from the 5,222.3 MW attained...
Socio-Economic Rights and Accountability Project (SERAP) has requested Babatunde Fashola, SAN, Minister of Power, Works and Housing “to urgently provide information on specific details of spending on...
The Nigerian National Petroleum Corporation (NNPC) has announced that about 35 expressions of interest for the establishment of modular refineries had been declared and that...