Nigeria’s state oil company plans to renegotiate its production-sharing agreements with oil majors as Africa’s top crude producer tries to...
Power, health, transport and education to top discussions at the forthcoming Nigeria infrastructure Public Private Partnership summit scheduled for the...
Nigeria’s crude oil output increased by about 70,400 barrels per day (bpd) to 1,857,000bpd in August 2015, from its July...
The Consumer Protection Council (CPC) is to commence prosecution procedure against Benin Distribution Company for violating its enabling Act in...
Oil edged further above $46 a barrel earlier in the week, supported by the prospect of lower U.S. inventories and...
The Nigerian Cassava Growers Association of Nigeria (NCGA) on Wednesday said it would partner with the Emerging Africa Infrastructure Fund...
Forte Oil has further reaffirmed its commitment to best service delivery by being in the forefront of the new Dual...
As the nation anxiously waits for President Muhammadu Buhari to unfold his ministerial nominee list, oil and gas sector...
By the end of October, electricity consumers in Nigeria will again experience hikes in monthly energy tariffs from the various...
Nigeria will ship the most crude in more than three years in October, adding to downward pressure on oil prices...
The oil price recently fell as low as $46 a barrel having hovered around $50-$60 per barrel since the beginning...
Sahara Power Group, a conglomerate in Nigeria’s power sector, is working towards achieving generation of 10,000mw in Africa within...
Godknows Igali, permanent secretary, Federal Ministry of Power, on Monday said the Federal Government was working hard to improve the...
As the Brent and WTI crude futures spread narrows, arbitrage opportunities are beginning to open up for Nigerian crude to...
Production of US shale oil will fall sharply next year as a result of the collapse in crude prices, the...