Energy

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  Nigeria risks losing oil buyers to Iran, Saudi Arabia

  Nigeria, which recently lost its Africa’s top oil producer status to Angola on the...

  • Posted June 1, 2016
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  Power sector loses N2bn daily, more turbines pack up

  The power sector has been losing an average of N2bn daily since the resurgence...

  • Posted June 1, 2016
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  Nigeria to refine 1.3mbpd of oil for consumption by 2023

  The International Institute for Petroleum Energy Law and Policy (IIPELP) has said Nigeria would...

  • Posted June 1, 2016
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  Marketers defy FG, sell petrol above official ex-depot price

  Despite federal government’s recent increase of the price of petrol to reflect the high...

  • Posted June 1, 2016
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  Plummeting oil prices: LNG price slumps by over 50%

  The plummeting prices of crude oil have taken a toll on the price of...

  • Posted May 31, 2016
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  Oil price hits $50 amid Nigeria outages

  Global oil benchmark, Brent crude, on Thursday traded above $50 per barrel for the...

  • Posted May 28, 2016
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  Works, power contractors owed for three years — FG

  Most contractors who have been working for the Federal Government in the power and...

  • Posted May 28, 2016
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  Stop outsourcing of refineries – Reps tell NNPC

  The House of Representatives Committee on Privatisation has asked the Nigerian National Petroleum Corporation...

  • Posted May 27, 2016
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  Power output seen at 20% of 2016 peak after attacks

  Power output in Nigeria plunged to a fifth of this year’s peak after attacks...

  • Posted May 26, 2016
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  NNPC didn’t remit N1.1tn in 2013 – NEITI

  The Nigeria Extractive Industries Transparency Initiative has accused the Nigerian National Petroleum Corporation of...

  • Posted May 25, 2016
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