Nigeria’s oil production has fallen by at least 200,000 barrels per day (bpd) since a militant attack forced the closure of the major Trans Forcados Pipeline...
The Nigerian National Petroleum Corporation (NNPC) has again reported on its website a month-end trading deficit of N11.22 billion in August. The corporation had posted a...
Babatunde Fashola, minister of power, works and housing, has blamed Nigerian engineers for creating the vacuum that makes the federal government patronise foreign contractors. Fashola said...
The Association of Nigerian Electricity Distributors, ANED, on Tuesday projected that the electricity market revenue would record N809.8 billion shortfall by December. Sunday Oduntan, the Executive...
The bombing of Chevron Escravos export pipeline in Warri, Delta State which supplies gas from Escravos region to Egbin power station in Lagos may threatened...
Senate screening of commission members stalled Nigeria Electricity Regulatory Commission (NERC) Chairman-designate Prof. Akintunde Akinwande may have declined the nomination offered him by President Muhammadu Buhari....
The Nigerian National Petroleum Corporation, NNPC, has said the price of Premium Motor Spirit, popularly known as petrol, has not been increased from the present N145/litre....
By Odunewu Olusegun Following another attack on oil installation and pipelines in the Nigeria Delta region by militants, Nigeria’s total oil productions has dropped below 1.3...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the reforms embarked upon by the government are targeted at cutting petroleum products’...
Oil prices dipped early on Tuesday, October 25, over disagreement within Organisation of Petroleum Exporting Countries, OPEC, on who should cut how much production in a...