Energy

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  Fears of massive job loss grip oil industry

  The persistent weakness in the price of crude oil in the international market has...

  • Posted January 29, 2016
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  NNPC discovers fuel theft base in Lagos

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Monday said the...

  • Posted January 27, 2016
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  NNPC loses N255bn in one year

  The Nigerian National Petroleum Corporation recorded a total loss of N255.3bn at the close...

  • Posted January 25, 2016
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  Fuel subsidy removal will save government N985bn – Osinbajo

  Vice President Yemi Osinbajo has said the Federal Government, which relies on crude oil...

  • Posted January 23, 2016
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  Oil firm to sack 700 workers

  The Shoreline Group, a Nigerian oil producer, has halted plans to issue $500m worth...

  • Posted January 23, 2016
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  Senate demands NNPC, DPR, others’ audited accounts

  The Senate Committee on Gas Resources on Wednesday directed the Nigerian National Petroleum Corporation...

  • Posted January 22, 2016
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  Trafigura, Duke lifted $24bn crude without contracts – PPMC

  Investigation into the crude exchange deals of the Nigerian National Petroleum Corporation has revealed...

  • Posted January 22, 2016
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  N470m lost daily to gas pipeline attacks – FG

  Last weekend’s attack on the Nigeria Gas Company’s pipeline connected to Chevron Nigeria Limited’s...

  • Posted January 22, 2016
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  Again, PPMC, Marketers defy FG on new ex-depot price of petrol

  The Pipelines and Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum...

  • Posted January 20, 2016
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  Oil drops below $28 for first time since 2003

  The price of Brent crude fell below $28 per barrel monday for the first...

  • Posted January 20, 2016
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