NIGERIA’S oil output rose last month following repairs to infrastructure that had been damaged by militant attacks. An average of 1.53 million barrels a day was...
PAN Africa Solar said it had signed the nation’s first Solar Power Purchase Agreement with the Federal Government with a plan to invest $146m in building...
Indications have emerged that the prices of kerosene and diesel may increase, as petrol marketers continued to suffer under unavailability of foreign exchange (forex scarcity), federal...
By CHIOMA OBINAGWAM DESPITE harsh operating environment and a sharp decline in global oil prices, Total Nigeria Plc, a major player in the downstream sector of...
From ODIMMEGWA JOHNPETER, Abuja ARISING from key issues that are thrown up at the monthly sector meetings, the Minister of Power, Works and Housing, Babatunde Raji...
Global oil benchmark, Brent crude fell by five per cent to a two-month low on yesterday, Thursday 7th, after the United States government reported a weekly...
The Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA) and Pipelines and Products Marketing Company (PPMC) have indicated their intention to join the...
THE Organisation of Petroleum Exporting Countries (OPEC) oil output has risen in June to its highest in recent history, as Nigeria’s oil industry partially recovers from...
…berate FG over insensitivity FOLLOWING the dwindling economy in the country, the price of kerosene has increased to N220 per litre in Lagos, as against the...
The devaluation of the naira that has now pegged the exchange rate of the naira between N282-284/$ from the previous N199/$ is likely to lead to...