OPEC pumps more oil in July despite cut pledge – IEA
OPEC Headquarters OPEC pumped more oil in July as global oil supplies rose for the…
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OPEC output rises in July
Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had…
Nigeria, US, Libya’s rising oil output threaten prices
The increase in the production of light sweet crude from Nigeria, United States and Libya…
Oil rises towards $53 per barrel
Oil has risen toward 53 dollars a barrel ahead of a U.S. inventory report expected…
NEPC targets Diaspora Nigerians to grow non-oil exports
The Nigerian Export Promotion Council is seeking the support of Nigerians in the Diaspora to…
Nigeria’s crude oil production hits 2.35m barrels per day
The Nigerian National Petroleum Corporation (NNPC) said on Monday the nation’s current crude oil production…
Power generation crashes by 1,835.6MW in three days
The total quantum of electricity on the nation’s power grid crashed by 1,835.6 megawatts within…
India may dump Nigeria’s crude for US oil
India’s Hindustan Petroleum Corporation plans to buy low-sulphur oil and is considering taking the United…
NERC threatens to withdraw licences of non-performing Gencos
The Nigerian Electricity Regulatory Commission on Friday threatened to withdraw the licences of non-performing power…
Transparency: auditor-general commends NNPC for audited accounts
The Auditor-General for the Federation (AGF), Mr Anthony Ayine has commended “the practical efforts’’ of…