That phase has a peak production capacity of about 50,000 barrels of oil equivalent, Shell said Monday in an e-mailed...
Hedge funds trimmed bullish oil bets for the first time in six weeks, losing faith in a swift recovery as...
As part of strategic moves to promote small-scale enterprises (SMEs) in the country, the Bank of Industry (BoI) has commissioned...
Nigeria, Ghana and Gabon have the lowest fuel pump price in West African sub region. According to latest data on...
Africa’s largest infrastructure deficit is to be found in the power sector. Whether measured in terms of generation capacity, electricity...
Over the years, the abundant crude oil in the country has been termed a curse owing to the fact that...
oil company chairman interrogated – official...
Nigeria’s energy sector has received a big boost as Mercuria Energy Holding SA, the world’s third largest independent energy trader...
Oil rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices...
say ‘we are not going back on increased power tariffs’...
The Nigerian Electricity Regulatory Commission (NERC) has ordered Ikeja Electricity Distribution Company (IKEDC) to pay N131.4 million fine following the...
Russia, the world’s top oil producer, is ready to meet with OPEC and non-OPEC oil producers to discuss the situation...
Audrey Joe-Ezigbo is the Co-Founder and Executive Director, Commercial Operations of Falcon Corporation Limited and a member of the Executive Committee...
Shell Nigeria Exploration and Production Company (SNEPCo) has started production from the Bonga Phase 3 project. Bonga Phase 3 is...
Nigerian National Petroleum Corporation Retail Limited has sued Natural Network Petroleum and Gas Company Limited (NNPG) and two others over...