Shell, Eni get victory in Nigerian oil corruption case
A Milan court, on Wednesday, acquitted Eni, an Italian energy major, and Shell along with a series of past and
Read more
Energy
Nigeria’s power generation slumps to 3,212MW, blackout worsens
Electricity supply in Nigeria, Africa’s biggest economy, worsened on Saturday as generation fell by 1,439.1 megawatts. Total generation in the
Read more
Nigeria records biggest oil production increase in OPEC
Nigeria, Africa’s top oil producer, recorded the biggest increase in crude oil production last month in the Organisation of the
Read more
Consultations on petrol price still ongoing, says PPPRA
The Petroleum Products Pricing Regulatory Agency has said the guiding prices of Premium Motor Spirit (petrol) it released do not
Read more
Eko Disco begs for calm as Lekki, others suffer blackout
Eko Electricity Distribution Company Plc has appealed for calm following the prolonged outage being experienced by its customers in the Lekki, Ikoyi and Ajah areas of Lagos State. The power firm,
Read more
No hike in petrol depot price this month, NNPC insists
Against the backdrop of the release of a new pricing template by the Petroleum Products Pricing Regulatory Agency, the Nigerian
Read more
[UPDATED] Nigerians face biggest fuel price hike amid COVID-19
Fuel stations in Nigeria may start adjusting their pump prices soon following the release of a new pricing template by
Read more
NLNG gets ‘Gas Company of the Year’ award
Nigeria LNG Limited has won the ‘Gas Company of the Year Award’ at the recently concluded Nigerian Gas Association Biennial
Read more
US oil production suffers largest annual drop amid COVID-19
The United States crude oil production averaged 11.3 million barrels per day in 2020, down 935,000 b/d (8 percent) from
Read more
Oil price falls after climbing above record $70
Brent crude, the global oil benchmark, has dipped after rising above the $70 per barrel mark on Monday for the
Read more