Oil rises to approximately $55 due to hurricane,supply cuts
Oil-markets saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while United…
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Load shedding threatens eight NIPP plants
The inability of electricity distribution companies to absorb the output of power generation firms is…
Nigeria petroleum company and ExxonMobil plan operation expansion
The Nigerian National Petroleum Corporation, NNPC and its upstream, ExxonMobil are seeking new measures to…
National Assembly commends NIPCO for increased stake in downstream sector
Mr Joseph Akinlaja, the Chairman, Petroleum Downstream Committee, House of representatives has commended Nigerian Independent…
Power Minister calls for Apapa wharf regeneration
The Minister of Power, Works and Housing, Mr Babatunde Fashola, has called for total regeneration…
NNPC’s sustained supply of petrol, gas, crashes products’ prices
The Nigerian National Petroleum Corporation (NNPC), has said its sustained, strategic intervention in the supply…
Nigerian government approves $5.7bn for Mambilla electricity project
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, approved 5.792 billion dollars…
Shake-up in NNPC; 55 top executives redeployed
The Nigerian National Petroleum Corporation, NNPC, has announced a major re-organization of its top management…
NNPC tasks indigenous companies to bid for 30 marginal fields
Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC) has urged members…
NLC opposes releasing N38bn to Discos for meters
The Nigeria Labour Congress has criticised the moves by the Federal Government to release N8bn…