Energy

The Shell Petroleum Development Company of Nigeria Limited (SPDC) declared force majeure on Forcados liftings effective 1500hrs (Nigerian time) February...

Royal Dutch Shell on Monday sealed the $53 billion (36 billion pounds) acquisition of British rival, BG Group, to form...

The Japanese Government on Thursday granted Nigeria 1.3 billion Yen (approximately $11 million) to improve electricity supply in the country....

The Nigerian National Petroleum Corporation (NNPC) has said that $38 per barrel oil benchmark is feasible by April as projections...

Vice-Chancellor of the University of Ilorin, Prof AbdulGaniyu Ambali, has urged the Federal Government to build small scale refineries across...

Senate President, Dr. Bukola Saraki, on Monday in Abuja assured organised labour that the National Assembly (NASS) would not allow...

Royal Dutch Shell, Europe's largest oil company, reported its lowest annual income in at least 13 years on Thursday. In...

The Nigerian National Petroleum Corporation (NNPC), on Wednesday, explained how it lost N267.14 billion in its activities in 2015. This...

Minister of Power, Works and Housing, Babatunde Fashola, says power generation will increase this year by 2,000 Mega watts. This...

The Transmission Company of Nigeria (TCN) has attained new record peaks generation of 5074.7MW and 109,372MWH, a statement said in...

Minister of Power, Works and Housing, Mr. Babatunde Fashola, has explained that the new Multi Year Tariff Order due to...

The Petroleum Products Pricing Regulatory Agency (PPPRA)‎ has increased the price of Household Kerosene from N50 to N83. This is...

Nigeria will get $2.6 million to improve its electricity generation from Global Environment Facilities, the Managing Director of UNIDO Programme...

Following the refusal of two trading companies involved in crude oil swap arrangement of the Nigerian National Petroleum Corporation (NNPC)...

The Nigerian National Petroleum Corporation (NNPC) has announced the operational shutdown of the Port Harcourt and Kaduna Refineries owing to...

As security agencies intensify the search for culprits behind the act, it has been established that the weekend’s attack on...

Joint Task Force (JTF), Operation PULO SHIELD (OPS), has warned that community leaders would, henceforth, be held responsible for any...

Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has said that the capital market lost over $30 billion...

Fuel scarcity resurfaced in Enugu metropolis on Wednesday as petroleum marketers closed down their filling stations. Virtually all the major...

The Nigerian National Petroleum Corporation (NNPC) says any depot or filling station found selling petrol above the official N86.50 pump...