Energy

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  FG to introduce new penalty for gas flaring

  The Federal Government is considering the introduction of a new penalty for brown field...

  • Posted November 18, 2016
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  Brazil, US, Canada slash Nigeria’s oil imports

  Major buyers of the Nigerian crude oil in the North and South America have...

  • Posted November 18, 2016
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  FG owes oil firms N2.6tn in cash calls

  The cash call arrears owed oil companies by the Federal Government have swollen to...

  • Posted November 17, 2016
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  Lagos to get oil derivation fund from December

  The Lagos State Governor, Mr. Akinwunmi Ambode, has said that the state expects to...

  • Posted November 17, 2016
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  Opportunities in oil sector will be over soon — Osinbajo

  Vice President Yemi Osinbajo on Monday stated that opportunities in the petroleum industry were...

  • Posted November 15, 2016
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  Forte Oil, Honeywell, Cadbury, 19 others lose N64bn

  The Nigerian equities market closed on a  negative note on Monday as Forte Oil...

  • Posted November 15, 2016
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  Nigeria worries as oil prices tumble

  Fears about early resuscitation of Nigeria’s economy has heightened as oil prices tumbled at...

  • Posted November 14, 2016
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  Direct crude sale saves Nigeria N102.6bn

  By putting an end to the crude-for-products exchange arrangement, popularly known as crude swap,...

  • Posted October 17, 2016
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  NNPC increases crude exploration in Gongola, others

  The Nigerian National Petroleum Corporation has embarked on a more rigorous exploration of the...

  • Posted October 16, 2016
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  Oando, Forte Oil, 25 others get crude lifting contracts

  The Nigerian National Petroleum Corporation has increased the number of companies referred to as...

  • Posted October 15, 2016
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