Reuters Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth....
President Muhammadu Buhari has received assurances from the Joint Venture Partners assigned to construct the 3050 Megawatts Mambilla Hydro-electric Power Plant, that all processes leading to...
Oil market may not stabilize before end of 2018 despite Organization of the Petroleum Exporting Countries (OPEC) production reaching six month low in November as U.S....
Crude production from the Organization of Petroleum Exporting Countries dropped again in November to a six-month low. Total production fell 80,000 barrels a day to 32.47...
By ADEBAYO OBAJEMU Two years after the core investors of the Yola Electricity Distribution Company, YolaDisCo, declared a force majeure owing to their inability to operate...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Baru made this disclosure on Tuesday in Lagos during a Gas Roundtable meeting for...
OKEY ONYENWEAKU These are tough times for local oil and gas giant, Oando Nigeria Plc and not many of its shareholders are smiling. The company has...
The state of the country’s refineries is so decrepit that any attempt to delay in selling them would amount to a desire to sell scraps....
Leading Nigerians have been named in an alleged conspiracy to undermine Italian Prime Minister Matteo Renzi and the leadership of the giant state-owned oil major ENI....
