Energy

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  Another 140,000 bpd shut in as Agip, AITEO close operations in Bayelsa

  Nigeria’s crude oil production capacity has again dropped by 140,000 barrels per day (bpd)...

  • Posted June 7, 2016
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  Electricity drops to zero six times in one month

  The nation’s power generation plunged to zero megawatt six times last month, the highest...

  • Posted June 6, 2016
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  Power firms insist on mass disconnection of debtors

  Power distribution companies say they will go ahead with mass disconnection of electricity consumers...

  • Posted June 6, 2016
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  Cautious optimism as oil heads to $60/barrel

  Last week, the United Arab Emirates’ economy minister, Sultan Bin Saeed Al Mansoori, reportedly...

  • Posted June 6, 2016
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  Cooking gas price rises by 45%, marketers lament

  The price of Liquefied Petroleum Gas, popularly known as cooking gas, has jumped by...

  • Posted June 4, 2016
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  Investigative hearing reveals shady deals in 2005-2007 oil bid rounds

  The House of Representatives ad hoc committee investigating all oil bid rounds has heard...

  • Posted June 3, 2016
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  OPEC members seek joint action on oil output

  Some members of the Organisation of Petroleum Exporting Countries including Saudi Arabia are looking...

  • Posted June 3, 2016
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  Senate slams Fashola over poor power supply

  The Joint Senate Committee on Power, Employment, Labour and Productivity Tuesday lamented the deplorable state...

  • Posted June 2, 2016
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  Power: NERC bans mass disconnection of consumers

  The Nigerian Electricity Regulatory Commission on Tuesday announced an outright ban on the mass...

  • Posted June 2, 2016
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  Nigeria’s Barkindo may become OPEC secretary-general

  The Organisation of Petroleum Exporting Countries is likely to choose a former Group Managing...

  • Posted June 2, 2016
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