Nigeria’s oil and gas firms in the downstream sector borrowed N130 billion from Nigerian banks in February amid the significant rise in global crude oil prices....
Nigeria’s federal government has said eight of the country’s power plants broke down, hence the power outages being experienced in parts the country. Minister of Power,...
By AYOOLA OLAOLUWA The National Mass Metering Project (NMMP) set up by the Federal Government to provide prepaid metres to one million unmetered houses across the...
Adebayo Obajemu Seplat has announced the successful completion of their $650 million five-year bond issuance programme. The bond, priced at a yield and coupon of 7.75...
The Department of Petroleum Resources (DPR) says it has revoked four Oil Mining Licences (OML) belonging to Addax Petroleum citing non-development of the assets for several...
The Nigerian National Petroleum Corporation (NNPC) has signed a contract with an international company, Maire Tecnimont SpA, for the rehabilitation of the Port Harcourt Refinery Company....
Adebayo Obajemu The Brent crude on Monday dropped by 5% to $62.21 per barrel. The volatility of oil prices can be attributed to fears over oil...
BY EMEKA EJERE In what many see as in line with its desperation to achieve public acceptance of the planned rehabilitation of the Port Harcourt Refinery...
Seplat Petroleum Development Company Plc (Seplat), a Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has...
