Morocco expects to shortlist three companies for its new long-term contracts to import liquefied natural gas (LNG) within the next...
Despite sharp decline of more than 67 percent in Nigeria’s oil receipts from September 2014, when it was at its...
Ikeja Electric is set to roll out 12,000 meters per month following the completion of the Pilot Scheme of the...
The Nigerian National Petroleum Corporation (NNPC) has denied reports in some social media of a purported reduction in current pump...
The Nigerian National Petroleum Corporation (NNPC) has paid a total of $607.8 million into the Federation Accounts Allocation Committee...
Oil and gas export receipts at the Nigerian National Petroleum Corporation (NNPC) have witnessed a sharp decline of more than...
The past year has, without a doubt, been a momentous one for oil markets. Prices began their precipitous plunge in...
Plans by Nigeria, Africa’s biggest oil producer, to review offshore production contracts signed with international oil companies two decades ago,...
as FG assures manufacturers that FX measures are short-term...
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...