Energy

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  Mira Resources Commences Operations at Tom Shot Bank

  Mira Resources Corp.  and its wholly owned subsidiary Equinox TSB Development (Nigeria) Limited are pleased to...

  • Posted October 25, 2011
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  Oranto Petroleum to get oil block in Sao Tome

  Sao Tome’s National Petroleum Agency has awarded oil blocks to Nigerian company, Oranto Petroleum  three other...

  • Posted October 24, 2011
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  Why petroleum subsidy must go, by Jonathan

  Despite the public outcry against the planned removal of fuel subsidy, President Goodluck Jonathan...

  • Posted October 14, 2011
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  Federal Government plans to invest US$2.68 billion in Indonesia refinery

  The Federal Government plans to invest RP24 trillion (about US$2.68 billion) in Indonesia to fund...

  • Posted October 13, 2011
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  Pipeline explosion leads to Shell force majeure

  An explosion at a pipeline in Nigeria has led Shell to declare force majeure...

  • Posted October 11, 2011
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  Sirius Petroleum eyes first marginal oil field project in Nigeria

  Sirius Petroleum  has signed an agreement that could lead to it taking a 40%...

  • Posted October 11, 2011
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  FG plans N100b power subsidy for low income earners

  The Federal Government is to inject N100 billion in the 2012 budget as subsidy to...

  • Posted October 10, 2011
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• AP sacks 100 staff

  African Petroleum (AP) Plc, one of the country’s leading downstream companies, has begun downsizing its workforce...

  • Posted October 10, 2011
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  NNPC seeks $1.5 billion loan from international lenders

  Nigerian National Petroleum Corporation, NNPC, is making plans to secure a $1.5 billion, five-year...

  • Posted October 7, 2011
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  Dangote Group plans rail system to connect factories

  Dangote Group has said it will soon construct rail lines to connect all its...

  • Posted October 5, 2011
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