Energy

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  Forte Oil declares N2.7bn profit after tax

  Forte Oil Plc on Monday announced a N2.7 billion profit after tax for the...

  • Posted October 21, 2013
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  Youths protest at ExxonMobil, demand compensation for oil spill

  Some members of Ibeno Youths Coalition on Monday protested peacefully against Mobil Producing Nigeria...

  • Posted October 21, 2013
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  FG will meet 40billion barrels of oil reserves by 2020 – NAPE

  The Nigerian Association of Petroleum Explorationists (NAPE) says the country has the capacity to...

  • Posted October 21, 2013
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  Nation wasted N5.27tr in petroleum subsidy in six years – Allison-Madueke

  The minister of Petroleum Resources  Diezani Allison- Madueke has said the amount of the annual...

  • Posted October 21, 2013
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  We did not seize Capital Oil – AMCON

  The confusion that followed the takeover of Capital Oil and Gas Industries Ltd by...

  • Posted October 21, 2013
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  NNPC denies stopping fuel importation

  The management of NNPC says it has not stopped importation of petroleum products as...

  • Posted October 20, 2013
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  Oando secures $815m credit for Conoco Phillips’ asset acquisition

  Oando Plc has received commitment letters for up $815 million of credit facilities from...

  • Posted October 20, 2013
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  Shell lifts force majeure on Nigerian oil exports

  Anglo-Dutch oil giant Shell on Friday lifted a force majeure on crude oil exports...

  • Posted October 19, 2013
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  Minister says 160,000MW possible by 2014

  The Minister of Power, Prof. Chinedu Nebo, on Thursday said Nigeria was capable of...

  • Posted October 18, 2013
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  Omotosho 500MW power plant ready for inauguration – Contractor

  Mr Liu Zhao-Long, the Managing Director, China Machinery Engineering Corporation, on Friday said that...

  • Posted October 18, 2013
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