OPEC, allies begin fresh oil production cuts May
The Organisation of Petroleum Exporting Countries and its allies, referred to as OPEC+, on Sunday,…
All Posts in "Oil, Gas & Power"
Discos reject 408MW excess power – FG
Power distribution companies have stepped up the quantum of electricity load allocation that they receive…
Nigeria’s oil output rises by 31m barrels – OPEC
Nigeria pumped additional 31.1 million barrels of crude oil within a space of four months…
Fuel scarcity bites harder, marketers blame NNPCL
As the petrol scarcity across the country continues to linger, oil marketers have accused the…
Fuel Scarcity: No planned price hike, says FG, queues spread
For the first time in weeks since the scarcity of Premium Motor Spirit, popularly called…
Shell Commences Oil Export From Forcados Terminal
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal,…
Fuel sales push Nigeria’s foreign trade to N25.84tn
Increased crude oil sales have pushed Nigeria’s foreign trade by 47.07 per cent year-on-year to…
We didn’t increase petrol price, marketers did –FG
The Federal Government on Monday insisted that it had not raised the pump price of…
Oil falls below $100, Nigeria’s production hit 1.158mb/d
Brent, the international benchmark for crude, fell below $100 per barrel on Tuesday as the…
Lekoil to acquire $110m loan, save oil well
Lekoil Nigeria Limited, an oil and gas exploration and production company, has announced it is…