Dr. Akinwumi Adesina, the president of the African Development Bank (AFDB) has tasked countries to utilise other means of power...
Total generation fell to 1,000 megawatts on Monday from almost 2,000 MW at the end of last week and is...
United States Agency for International Development (USAID), through its Power Africa Transactions Reforms Programme, on Monday signed an agreement to...
Owners of Nigeria’s largest power plant located at Egbin near Lagos now plan to build a liquefied natural gas terminal...
Attacks by a new militant group based in the region where more than half of Nigeria’s oil is produced, has...
Militant group’s campaign takes country’s production to the lowest level in 20 years Attacks by a new militant group based...
Oil prices fell in Asian trade on Monday on a strong dollar and signs that global crude supply is holding...
The Power, Works and Housing Minister, Babatunde Fashola SAN, has again assured the nation that incremental, steady and eventual uninterrupted...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele said N55.46 billion was disbursed to 24 power firms...
Royal Dutch Shell Plc and Exxon Mobil Corp. are the international oil companies most exposed to violence in the Niger...
Oil prices rose in early trading today as turmoil in Nigeria, shale bankruptcies in the United States and crisis in...
Nigeria’s oil production showed further signs of strain yesterday as intruders blocked access to Exxon Mobil’s terminal exporting Qua Iboe,...
Federal Government’s adoption by rule of thumb of N285/$ exchange rate and subsequent capping of petrol price at N145/litre may...
There are key factors that can fuel crude beyond $50 or stall the near 80% price rally As the price...
Oil is heading for a second weekly advance as U.S. crude production continued to decline and firefighters defended Canadian oil-sands...