Energy

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  Senate to probe non-remittance of N3.3tn by NNPC, other MDAs

  The Senate on Tuesday said it would probe the audit report from the Office of...

  • Posted March 17, 2016
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  Crude oil slips to below $40 as Iran dashes hopes of output freeze

  Despite the pledge by Saudi Arabia to cooperate with other members of the Organisation...

  • Posted March 16, 2016
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  Nigeria to become exporter of refined fuel – Kachikwu

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said that Nigeria...

  • Posted March 16, 2016
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  GE, Bresson’s 500MW power project ready next year

  The 500 megawatts power project of Bresson Nigeria Limited, which is being supported by...

  • Posted March 15, 2016
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  Nigeria is targeting 2.4mbpd oil output in 2016 – Kachikwu

  Nigeria is targeting 2.4 million barrels of crude oil per day (mbpd) in output...

  • Posted March 15, 2016
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  Oil sector suffers amid long wait for PIB

  The Nigerian oil and gas sector, which has continued to take a beating from...

  • Posted March 14, 2016
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  Nigeria loses 300,000bpd to attack on Forcados pipeline

  Nigeria is losing about 300,000 barrels of crude oil per day due to the...

  • Posted March 11, 2016
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  Nigeria’s GDP slows to 2.11% in Fourth Quarter as oil sector contracts

  Nigeria’s real Gross Domestic Product (GDP) growth rate declined to 2.11 per cent in...

  • Posted March 10, 2016
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  Buhari approves NNPC’s restructuring into seven units, 20 companies

  President Muhammadu Buhari has approved the restructuring of the Nigerian National Petroleum Corporation (NNPC)...

  • Posted March 10, 2016
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  NNPC reform: GMD to assume direct supervision of NAPIMS

  The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) is to...

  • Posted March 9, 2016
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