Energy

The Senate, on Wednesday, slashed the allocation for petrol and kerosene subsidies presented by the Ministry of Finance in the...

The Federal Government on Saturday said that plans were underway to commence electronic monitoring of pipelines and other facilities channeling...

President Goodluck Jonathan on Friday said the Federal Government has invested about $8.26 billion in the power sector through the...

Oil prices rose to $62 a barrel on Tuesday, close to the highest in 2015, supported by threats to Middle...

Shell has signed an agreement with General Electric for the implementation of a N1-billion health project as part of three...

Crude oil rose above $60 a barrel on Friday for the first time this year, bringing gains this week to...

Demand for oil from the Organisation of Petroleum Exporting Countries (OPEC) would be higher than previously forecast, as the low...

The Muslim Rights Concern (MURIC) has called for the prosecution of all those indicted by the forensic audit conducted on...

Oil prices fell on Wednesday after a new build in U.S. crude stock levels put a global glut back in...

The Nigerian National Petroleum Corporation (NNPC) on Wednesday deplored the recent increase in attacks on crude oil and gas pipelines,...

President Goodluck Jonathan on Monday in Abuja received the Forensic Audit report on the Nigerian National Petroleum Corporation (NNPC) from...

Oil prices steadied above 48 dollars a barrel on Tuesday, recovering from earlier losses as the dollar weakened against the...

It is no longer news that the Federal Government has announced a reduction in the pump price of Premium Motor...

Ten fuel stations have been shut by the Department of Petroleum Resources (DPR) for their alleged refusal to dispense the...

Residents of Apapa, Lagos State will soon heave a sigh of relief as Governor Babatunde Fashola has promised to relocate...

The commercial city of Onitsha in Anambra State has been thrown into darkness for about three weeks now following power...

United Bank for Africa Plc (UBA) has extended $700 million (N113 billion) in funding to various investors towards the acquisition...

The Nigeria LNG Ltd. (NLNG) has delivered  its 3000th cargo of Liquefied Natural Gas (LNG) to Botas Petroleum Pipeline Corporation...

As the controversy over who owns Soku Oil Wells deepens between Rivers and  Bayelsa states, former Minister of Petroleum Resources...

The Federal Government and the National Union of Electricity Employees (NUEE) have agreed that payment of severance benefits to former...