Egbin Power Plc says it is targeting 10,000 megawatts (MW) even as it said it has invested N50 billion to...
Plummeting oil prices are beginning to take a toll on the energy industry, prompting oil producers to slash capital and...
The plunge in global oil prices is beginning to take toll on the energy industry, prompting oil producers to slash...
Oil dropped after Iraqi crude production surged to a record and the International Monetary Fund (IMF) cut its global growth...
Oil and gas in¬dustry stake¬holders have queried the continuous membership of Nigeria in the Organisation of Oil Ex¬porting Countries (OPEC)....
Nigeria on Tuesday took a giant step towards simplifying for its power stakeholders the issues surrounding the contractual framework for...
Amidst the dwindling crude oil price, OPEC opted at its November 27, 2014 meeting for non-interference in the market and...
Crude oil prices have fallen by about 60 percent since June 2014 and the industry is responding as they work...
Oil traded near $50 after capping its first weekly gain in two months as investors weigh rising OPEC output against...
Qatar Petroleum and Shell said they had decided not to proceed with their $6.4 billion Al Karaana petrochemical project in...
Africa-focused oil and gas explorer Tullow Oil has written off $2.3 billion in relation to exploration work and a number...
French oilfield engineering group Schlumberger announced full-year results for 2014 that show its revenue increase by seven percent last year...
Power generation in the nation has received a major boost following the rehabilitation of Egbin Power Plc on ST-06, a...
The Nigerian National Petroleum Corporation (NNPC) and its midstream subsidiary, the Pipelines and Products Marketing Company (PPMC), have called on...
Gaslink Nigeria Limited (GNL), a subsidiary of Oando Plc, has allayed fears of possible health and environmental hazards following the...