Energy

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  NNPC mulls longer term crude sale contracts

  As part of its new business strategies to overcome extant disruptions in the international...

  • Posted March 24, 2015
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  MPC: Falling oil prices, inflation, election spending to top agenda

  As the Central Bank of Nigeria (CBN) begins its 243rd Monetary Policy Committee (MPC)...

  • Posted March 23, 2015
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  S&P lowers Nigeria’s ratings on oil slump, elections

  Global credit ratings agency, Standard and Poor’s, has lowered its long-term sovereign credit ratings...

  • Posted March 22, 2015
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  Shell wraps up $1.2bn sale of OML 18 to Eroton Group

  Shell Petroleum Development Company (SPDC), Nigerian National Petroleum Corporation (NNPC) and Eroton consortium on...

  • Posted March 21, 2015
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  Electricity consumers threaten EKEDC over crazy bills

  Scores of electricity consumers in Papa Ajao in the Mushin area of Lagos State...

  • Posted March 21, 2015
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  Shell, Eni’s 553 Nigerian oil spills alarming — Amnesty

  Amnesty International has raised the alarm over what it said could pass for a...

  • Posted March 21, 2015
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  Power firms give bulk trader letters of credit

  Eight electricity distribution companies out of the 11 in the country have successfully posted...

  • Posted March 21, 2015
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  Petrol scarcity resurfaces as marketers cut imports

  A week after queues of desperate motorists disappeared from filling stations, the nation is...

  • Posted March 20, 2015
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  Operators panic over low oil prices

  International and local operators in the Nigerian petroleum sector on Wednesday declared that there...

  • Posted March 20, 2015
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  Filling stations make N184m profit daily on petrol

  Filling stations across the country make approximately N184m profit daily from the sales of...

  • Posted March 20, 2015
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