Energy

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  Power generation steadies around 3,000MW

  The partial cessation in the disruption of oil and gas installations by vandals and...

  • Posted August 7, 2016
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  Spain buys €4.6bn oil, gas from Nigeria – Envoy

  The Spanish Ambassador to Nigeria, Mr. Alfonso Barnuevo, on Thursday said that his country...

  • Posted August 6, 2016
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  Transcorp suspends plan to build $1bn power plant

  Transnational Corporation of Nigeria Plc has suspended plans to build one of the nation’s...

  • Posted August 6, 2016
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  Oil firms count losses as militants worsen woes

  Chevron and Eni, two of the global oil majors operating in Nigeria, and their...

  • Posted August 5, 2016
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  US firm to build 300MW solar plant in Enugu

  A US-based renewable energy power firm, Motir DuSable Power Investment Limited, is to build...

  • Posted August 5, 2016
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  Oil falls to $42 as Barkindo resumes at OPEC

  Global oil benchmark, Brent crude, fell by over three per cent on Monday to...

  • Posted August 3, 2016
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  NERC fines four power firms N24.56m for breaches

  The Nigerian Electricity Regulatory Commission has penalised four power distribution companies as a result...

  • Posted August 2, 2016
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  Nigeria’s oil faces threat as Saudi Arabia cut prices

  Saudi Arabia, the world’s largest crude oil exporter, has cut all official selling prices...

  • Posted August 2, 2016
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  US pushes ahead with electricity plan for Nigeria

  The United States government is pushing ahead with its plan to boost electricity supply...

  • Posted August 1, 2016
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  Bulk trader, others owe power generation firms N140bn

  Electricity generation firms in the country have put the debts owed them by the...

  • Posted July 30, 2016
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