Energy

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  IOCs seek fresh negotiations with FG on funding for oil and gas projects

  In a bid to address the shortfall in funding arising from the drop in...

  • Posted March 20, 2015
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  Algeria in talks with Nigeria, Angola over oil price slump

  As OIL PRICES head south with rising inventories in the US, Algeria’s Energy Minister...

  • Posted March 19, 2015
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  Dangote Lagos refinery ready in 2017

  Dangote’s 500,000 barrels per day capacity refinery would start operations in Nigeria by 2017,...

  • Posted March 19, 2015
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  Oil price crash may last longer – FG

  The harsh economy in Nigeria caused by the fall in global crude oil prices...

  • Posted March 19, 2015
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  NPDC’s daily crude production hits 205kbpd

  Daily crude oil production capacity of the Nigerian Petroleum Development Company (NPDC) has shot...

  • Posted March 18, 2015
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  Nigeria, others behind OPEC lowest output since June

  The decline in crude oil production in Nigeria, Iraq and Libya drove down output...

  • Posted March 18, 2015
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  NERC may sanction Discos over hike in cost of meters

  The Nigerian Electricity Regulatory Commission (NERC) may sanction the electricity distribution companies for increasing...

  • Posted March 18, 2015
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  Petrol subsidy rises by 1,142% in seven weeks

  The amount payable by the Federal Government to oil marketers as subsidy on petrol...

  • Posted March 18, 2015
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  Oil falls below new budget benchmark

  The price of global benchmark Brent crude oil fell about three per cent on...

  • Posted March 18, 2015
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  FG to prosecute firms that spill oil

  International and indigenous that firms that spill oil in the country will soon face...

  • Posted March 18, 2015
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