Supply Glut: Nigeria’s Crude Languishes, Awaits Buyers
While Nigeria’s crude remains in ample supply, languishing as it waits buyers, as Asian traders mop…
All Posts in "Oil, Gas & Power"
Indigenous Oil Companies Worst Hit By Oil Price Plunge
Nigerian independent oil companies have been affected the most by the lingering plunge in oil…
Oil firms’ cash flows worsen, banks jittery
Nigerian indigenous oil and gas firms are recording negative cash flows as the plunge in…
New Electricity Tariff Will Encourage Private Investment In Power Sector – NESG
The Nigerian Economic Summit Group has expressed its support for the implementation of the electricity…
PPMC Nabs Pipepline Vandals With 1,500 Jerrycans of Petrol
The Pipelines and Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has…
Minister, Oil Sector Stakeholders to Meet Over Low Oil Price
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and other industry stakeholders will…
“90% Petrol Sold in Abuja is Adulterated” – Experts
Experts in fuel refining and storage have observed that about 90 per cent of premium of…
Nigeria, Qatar Push for Production Cuts to Raise Oil Prices
The Nigerian and Qatari governments have reached out to Saudi Arabia and Russia, the world’s…
Kachikwu, others to X-ray Nigeria’s oil industry
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and other industry stakeholders will…
NERC, DISCO Deliberate over Senate Stance on Electricity Tariff
fter a brief meeting with the Nigeria Electricity Regulatory Commission on Monday, power distribution companies…