To stop the ongoing indefinite strike by oil workers from dragging and taking a toll on the economy and Nigerians,...
Frank Edozie, Senior Special Adviser on Gas to the Minister of Power, said that power generation dropped to 3,500 megawatts...
Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and Nigerian Union of Petroleum...
It is generally accepted that firms that have huge debt in their capital structure may have incurred such loans for...
Benjamin Dikki, the director-general, Bureau of Public Enterprises (BPE), has said that the country required about N18.9 trillion for the...
Nigeria’s hope to start exporting power beyond West Africa to Central and South African countries is being dampened by the...
Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective...
Saudi Arabia has launched a third-wave attack in its oil price war this time targeting the US shale oil producer....
Mozambique’s ambition to displace Nigeria and other LNG producers in Africa like Algeria, Egypt and Equatorial Guinea is taking shape....
The Nigerian oilfield services (OFS) sub-sector is in a growth phase, with a forecasted compound annual growth rate of 8...
General Electric has awarded Nexus Alliance Limited the contract for the technical training and capacity development of all personnel that...
After one of the biggest merger deals of the year, Halliburton is moving forward with the announcement of its new...
Asian spot liquefied natural gas (LNG) prices were little changed for January delivery as trade stayed thin and demand weak,...
Oil dropped as the debate over pricing continued after Saudi Arabia announced deep discounts for the crude it sells Asian...
West Texas Intermediate and Brent crudes are poised to decline from the lowest closing levels in more than five years...