Energy

• 
  Power sector losses reduce as generation picks up

  The daily losses being recorded by operators in the power sector have reduced as...

  • Posted October 4, 2016
  • 1
• 
  Oil price hits $50, Nigeria’s exports to rise

  Global oil benchmark, Brent crude, extended its rally on Sunday to hit the $50...

  • Posted October 4, 2016
  • 0
• 
  Warri refinery unaffected by nearby explosion – NUPENG

  Crude oil production at the Warri refinery in the country’s restive Niger Delta region...

  • Posted October 2, 2016
  • 0
• 
  FG owes oil firms $8.1bn in cash calls

  The Federal Government owes oil companies at least a total of $8.06bn in unpaid...

  • Posted September 30, 2016
  • 0
• 
  ANEEJ backs probe of $17bn undeclared oil exports

  The Africa Network for Environment and Economic Justice has said the plan by the...

  • Posted September 30, 2016
  • 0
• 
  India promises to buy more Nigerian crude oil

  The Indian Government has promised to increase the volume of crude oil it buys...

  • Posted September 29, 2016
  • 0
• 
  NNPC to pay for JV cash call arrears through royalties

  The Nigerian National Petroleum Corporation says it has started working out modalities that will...

  • Posted September 29, 2016
  • 0
• 
  Shell shuts 180,000-bpd oil pipeline, exports threatened

  The nation’s crude oil exports have suffered another setback with the shutdown of the...

  • Posted September 28, 2016
  • 0
• 
  Egbin power plant may be shut over rising debt

  The nation’s electricity woes may worsen in the coming weeks as liquidity and gas...

  • Posted September 24, 2016
  • 0
• 
  Oil prices rise ahead of OPEC meeting

  Oil prices rose over the week despite late profit-taking, as traders switched attention to...

  • Posted September 24, 2016
  • 0