Power supply in Africa’s largest economy may be well on the path of plunging to record lows, as spiralling debt...
Oil prices fell more than 3 percent on Monday, with U.S. crude hitting April lows, weighed by a survey showing...
Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for Arab Light crude sold to Asia by the...
Exxon Mobil Corp. and Royal Dutch Shell Plc last week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.’s...
Brent oil opened at $43.51 in Monday trading after its biggest monthly decline in a year during July. High product...
Tunji Adeniji, managing director, IPMAN Investment Company, has debunked an alleged report of N10.9 billion subsidy scam credited to Chinedu...
Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting them to negotiate...
Nigerian Electricity Regulatory Commission (NERC) at the weekend said it had ordered four electricity distribution companies (Discos) to pay fines...
Federal Government has banned the procurement and distribution of conference bags, T-shirts and other souvenirs at conferences, workshops and seminars...
Flaring volume of gas from Shell Petroleum Development Company’s (SPDC) joint-venture facilities in Nigeria was reduced by 85 percent between...
Reactions have continued to trail the July 13 judgment by a Federal High Court in Lagos that voided the upward...
Strategies to successfully reform Nigeria’s power and infrastructure will be the focus of a Chatam House research event taking place...
Oil prices fell further on Friday with Brent trading at $42.38 per barrel as slowing economic growth threatened to worsen...
The Nigerian Bulk Electricity Trading (NBET) Plc and the Transmission Company of Nigeria (TCN) are to enjoy a $473 loan...
AOS Orwell, oil and gas servicing firm, has disclosed it would be participating in the upcoming SPE Conference and Exhibition...