Energy

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  Energy firms owe Nigerian banks N3.93tn

  Oil, gas and power firms owe banks in the country about N3.931 trillion as...

  • Posted May 6, 2016
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  FG to fast-track approval for gas projects

  As most of the nation’s natural gas reserves remain untapped, the Minister of State...

  • Posted May 5, 2016
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  Lagos joins oil-producing states as Aje field begins production

  Twenty years after it was discovered, the Aje field located in Oil Mining Lease...

  • Posted May 5, 2016
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  Ikoyi, Lekki, VI, others face one-month power rationing

  The Eko Electricity Distribution Company has said it will begin power rationing today (Tuesday)...

  • Posted May 4, 2016
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  Delayed FIDs threaten Nigeria’s LNG projects

  The gradual shift away from long-term contracts in the global Liquefied Natural Gas market...

  • Posted May 4, 2016
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  Chevron records First Quarter loss of $725m

  The slump in the prices of crude oil has continued to take its tolls...

  • Posted May 4, 2016
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  FG subsidy on petrol increases – PPPRA

  The federal government is now paying between N12.62 and N12.88 as subsidy for every...

  • Posted May 4, 2016
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  Oil drilling to start year end in Chad Basin – Kachikwu

  The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe...

  • Posted May 3, 2016
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  Benue Government blames FG, oil price for non-payment of salaries

  The inability of the Benue State government to meet workers wage bill has been...

  • Posted May 3, 2016
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  Fuel marketers challenge DPR, others to enforce price at depots

  Petrol Filling station Owners Association has tasked the Department of Petroleum Resources (DPR) to...

  • Posted May 1, 2016
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