Energy

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  FMC wins $268m contract for Chevron’s Agbami field

  FMC Technologies, Incorporated said it had received an order from Star Deep Water Petroleum...

  • Posted December 28, 2014
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  NERC places six months embargo on electricity tariff hike for domestic consumers

  After its recent review of the Multi Year Tariff Order (MYTO-2) framework, the Nigerian...

  • Posted December 26, 2014
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  Commercial users to pay more for electricity January

  Beginning from January 1, 2015, individuals and organisations that use electricity for commercial purposes...

  • Posted December 26, 2014
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  BPE, core investor sign NITEL assets sale agreement

  The Bureau of Public Enterprises has signed an Assets Sale Agreement with the preferred...

  • Posted December 26, 2014
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  Oil price decline not a surprise – NACCIMA

  The decline in crude oil prices did not come as a surprise as it...

  • Posted December 26, 2014
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  11 ships laden with petrol arrive Lagos

  The Nigerian Ports Authority (NPA) on Tuesday said 11 ships laden with petrol had...

  • Posted December 25, 2014
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  Nigeria’s oil sector contribution to GDP lowest in OPEC

  The contribution of Nigeria’s oil sector to the Gross Domestic Product is lower than...

  • Posted December 25, 2014
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  Falling oil prices may push banks’ cost of risk to 4.4% in 2015

  Banks’ exposure to the oil and gas sector in the face of tumbling oil...

  • Posted December 25, 2014
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  Budget: FG slashes projected oil revenue by N1tn

  The intense pressure on oil global oil prices may have forced the Federal Government...

  • Posted December 25, 2014
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  Jonathan to inaugurate 40MW Kashimbila Dam in February

  President Goodluck Jonathan will inaugurate the 40 megawatts Kashimbila multipurpose dam in February next...

  • Posted December 25, 2014
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