Oil futures rose yesterday largely prompted by production suspensions in the United States Gulf due to an expected tropical storm and speculation that producers meeting in...
Penultimate weekend, the Nigerian Bulk Electricity Trading Plc, NBET had alleged that it had paid N186.7billion to Electricity Generating Companies GENCOs adding that it is only...
Story by Adebayo Obajemu Given the charge by President Muhammadu Buhari to the Nigerian National Petroleum Corporation (NNPC) recently to intensify efforts to find oil in...
Story by ADEBAYO OBAJEMU Anambra State Government has signed a Memorandum of Understandings, MOU, with Zolts Energy Limited, for the construction of a 40-Megawatt embedded power...
Stories by ADEBAYO OBAJEMU Epileptic public power supply has continued to be a recurring decimal over the years in Nigeria. This has stifled the industrial sector...
Stories by ADEBAYO OBAJEMU In line with efforts by the Federal government to ensure efficient petroleum products distribution across the country, the National Union of Petroleum...
By ADEBAYO OBAJEMU The world’s oil market is rebalancing faster than expected due to several serious outages, including disruptions in Nigeria. But for now, there is...
It is cheaper to import petrol than refining locally – Kachikwu Nigeria’s Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu has explained why Nigeria will...
Oil prices rise Brent crude was on track for its third weekly gain on Friday, supported by an optimistic report from the International Energy Agency. Still,...
