
Adebayo Obajemu In reaction to the growing allegation of low-compliance with the ongoing OPEC cuts, Timipre Silver, Nigeria’s Minister of State for Petroleum Resources, has said...

Nigerian Electricity Regulation Commission (NERC), said the Nigerian Electricity Supply Industry (NESI) recorded N119.46 billion deficit in Q4 quarter of 2019. NERC said the 11 Electricity...

Adebayo Obajemu As part of its strategy to circumvent the global oil crisis, the Nigerian National Petroleum Corporation (NNPC) has disclosed that it is building up...

The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over the prevalent low grade and contaminated AGO, otherwise called diesel, offered at discounted prices in...

Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to extend record...
Adebayo Obajemu As part of the measure to ensure that there is electricity for Nigerians during the partial lockdown and the gradual easing of it, the...

Adebayo Obajemu The National Assembly has reviewed the benchmark price of crude oil in the amended Medium-Term Expenditure Framework (MTEF). At separate plenaries in the Senate...

Adebayo Obajemu As the fossil fuel becomes more unpopular the worldover, and governments across the globe clamour for its end, the Nigerian Electricity Regulatory Commission, NERC...

Adebayo Obajemu Finally, the Department of Petroleum Resources, DPR on Monday began marginal fields bid rounds for 2020 after 18- year hiatus, as Nigeria reopens her...