Energy

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  Crude theft: FG sues IOCs over $12bn missing oil revenue

  In a move interpreted by industry watchers as a major step by the Muhammadu...

  • Posted March 9, 2016
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  Again, National Assembly pledges speedy passage of PIB

  The National Assembly has restated its commitment to the expeditious passage of the Petroleum...

  • Posted March 9, 2016
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  Refineries record first profit in 12 months

  Nigeria’s three refineries, for the first time since February 2015, were able to make...

  • Posted March 8, 2016
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  Nigeria imports 1.25 million barrels of kerosene from US

  Nigeria emerged as the second-largest importer of kerosene from the United States last year,...

  • Posted March 7, 2016
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  Oil price rises above Nigeria’s $38 oil benchmark

  The global benchmark, Brent crude, on Friday rose above Nigeria’s proposed benchmark oil price...

  • Posted March 6, 2016
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  We cannot sell petrol at N86.50k – IPMAN

  The Chairman, Independent Petroleum Marketers Association of Nigeria, Kwara State Chapter, Mr. Olanrewaju Okanlawon,...

  • Posted March 6, 2016
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  Power generation rises to 4387mw, as NERC monitors Discos

  The Nigerian Electricity Regulatory Commission (NERC) last night said that nationwide power generation had...

  • Posted March 6, 2016
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  FG to unbundle NNPC into five operating zones, 30 companies

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Thursday disclosed that the...

  • Posted March 5, 2016
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  Nigeria loses $21bn oil investment, faces stiff competition

  The Nigerian oil and gas industry, which saw a decline of about $21bn in...

  • Posted March 4, 2016
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  Loading of petrol improves at depots – Marketers

  Petroleum products’ marketers said on Wednesday that loading of Premium Motor Spirit (petrol) had...

  • Posted March 4, 2016
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