As production deferment attracts huge loss
2022/06/03 07:12:46

Available data from the Nigeria Extractive Industries Transparency Initiative and the Nigerian National Petroleum Company Limited reveal how international oil companies in the country and some indigenous players in the...

Graph 000 1

NNPC deepens efforts to address Africa’s energy poverty
2022/06/03 07:12:39

The Nigerian National Petroleum Company Limited (NNPC), has called on stakeholders to intensify efforts to address abject energy poverty in Africa. The GMD/CEO of NNPC, Malam Mele Kyari, made the...


NIPCO Gas, Femadec Express to deepen gas revolution gains
2022/06/03 07:12:34

NiPCO Gas Limited and Femadec Express have entered into a collaboration that will deepen the gains of Nigeria Gas Revolution. NiPCO Gas Ltd is a subsidiary of NIPCO Plc with...


EU’s ban on Russian oil adds stress to region’s economy
2022/06/03 07:10:22

The European Union’s pledge to ban most Russian oil is forcing it to rewire an economy that is geared to run on cheap Russian fuel—and threatens to deprive Moscow of...

European Union

Energy transition: The African challenge
2022/05/27 07:28:45

The global focus on cleaner energy usage is gaining huge momentum in developed economies. This is why International Oil Companies (IOCs) and multinational corporations are divesting investments in hydrocarbon to...

Port Harcourt Refinery

Fed Govt to maximise local content opportunities, says Sylva
2022/05/27 07:28:34

The Federal Government has expressed its determination to catalyse investments in the midstream and downstream sectors of the petroleum sector to create employment for youths and maximise local content opportunities....

NNPC Sylva

Falcon Corp, others in $25m gas infrastructure deal
2022/05/20 03:45:15

A consortium of Falcon Corporation, ND Western Midstream Limited and FHN Gas Limited, has been selected to build, own, and operate a natural gas distribution infrastructure network within the Lagos...


NB, Konexa boost renewable energy
2022/05/20 03:44:41

Nigerian Breweries Plc has signed a power purchase agreement with Konexa, an integrated energy development and investment platform to deliver 100 per cent renewable energy that will cover the electricity...

Nigerian Breweries

‘Nigeria over due for full deregulation, subsidy removal’
2022/05/20 03:43:32

The country is over due for full deregulation, the Managing Director, Rainoil, Gabriel Ogbechie, has said. He spoke on the sidelines of the firm’s 25th anniversary. Rainoil is a storage...

Dr. Gabriel Ogbechie

Rising IOC’s asset sale and NNPC’s intervention
2022/05/20 03:42:49

International Oil Companies are gradually divesting their stakes in some of their assets and Joint Ventures in the country. While this may be a sign of good omen to boost...

Oil field 2
1 2 232

Just In

FG raises ministers, perm secs, others’ tour allowances.
2022/09/03 05:29:22

1 DjG2E OZBUh7jTfODD 8cw

Masari withdraws as Tinubu’s running mate!
2022/07/10 16:53:36

Bola Ahmed Tinubu

Edo Central senatorial candidate congratulates Tinubu.
2022/06/13 03:43:37


Ebonyi 2023: Ogba, Odii bicker over PDP governorship
2022/06/13 03:43:16

Ebonyi 2023

S’Court Justices deplore poor service conditions
2022/06/13 00:53:25

Justice Ibrahim Tanko Muhammad