Nigeria recovers $64.63m electricity debt from Benin, Niger
The Federal Government on Monday announced that it had recovered $64.63m electricity debt from the…
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Nigeria’s oil sales suffer, US exports rise
More than two dozen Nigerian crude oil cargoes were left unsold on Monday amid a…
PHED to supply 150,000 meters to consumers
The Managing Director of 4Power Consortium Limited, Mr. Matthew Edevbie, has said that the Port…
Petrobras, BTG Pactual to sell Nigerian oil venture
State-controlled oil company Petroleo Brasileiro SA (Petrobras) is leading an effort to sell Petrobras Oil…
Four power plants shut down in two days
Four of the nation’s power plants shut down this week, making the number of idle…
2018 budget: PENGASSAN cautions against oil, gas assets’ sale
The Petroleum and Natural Gas Senior Staff Association of Nigeria has cautioned the Federal Government…
There won’t be fuel queues in December – NNPC
The country will not experience fuel queues this end of year festive season, the Nigerian…
Oil prices hit highest levels since 2015 amid tightening markets, Saudi purge
Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s…
Aiteo in financial stress, shops for partners for OML 29
EXCLUSIVE By Timothy Oyomare All may not be well with Aiteo Eastern Exploration and Production…
Conoil’s turnover hits N70.23bn, Diamond Bank grows profit
Energy company, Conoil Plc, has reported a N6.28bn growth in its turnover for the third…