Energy

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  Reps committee wants Shell to pay $3.6bn damages

  The House of Representatives Committee on Environment on Wednesday recommended that Shell Nigeria Exploration...

  • Posted November 28, 2014
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  FCMB restates commitment to oil, gas reserves growth

  FCMB Capital Markets Limited, the investment banking arm of FCMB Group Plc has restated...

  • Posted November 27, 2014
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  Nigeria’s oil, gas industry records $380bn capital flight in 30 years

  The Oil Producers’ Trade Section (OPTS), an association of all the leading oil and...

  • Posted November 26, 2014
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  NERC insists on 45-day compliance on metering scheme

  The Nigerian Electricity Regulatory Commission (NERC) has said electricity distribution companies across the country...

  • Posted November 26, 2014
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  NLNG bemoans low absorbing capacity of domestic LPG market

  The Nigeria Liquefied Natural Gas (NLNG) Limited has said that the absence of a...

  • Posted November 26, 2014
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  FG moves 5,000MW target to January 2015

  The target to generate 5,000 megawatts of electricity has been moved to January 2015...

  • Posted November 26, 2014
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  Oando to raise N49bn fresh capital via rights issue

  Oando Plc, a leading integrated energy firm, last week announced a fresh capital raising...

  • Posted November 25, 2014
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  Oil slump: Allocation to states, LGs to drop by N32bn

  The decline in the price of crude oil in the international market may have...

  • Posted November 25, 2014
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  Oil slump: LCCI wants 10 budget items examined

  To effectively cushion the adverse impact of the global fall in oil prices on...

  • Posted November 25, 2014
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  FG’s therapy for oil shock attracts divergent views from experts

  As the price of Bonny Light, Nigeria’s crude oil grade hovered around $78 last...

  • Posted November 24, 2014
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