The Nigerian National Petroleum Company Limited (NNPC) has announced that it earned N2.56 trillion revenue from the sale of white products (petrol, kerosene, diesel) in about...
By CSL Research With the current realities, the goal to bridge the nation’s metering gap does not appear to have an end in sight in...
The Federal Government has outlined nine completed and ongoing hydropower projects being prepared to add 2,672 megawatts of electricity to the national grid. It outlined the...
The Nigerian Electricity Regulatory Commission (NERC) has put the number of unmetered power customers across the country at about 6.3 million, despite the mass deployment of...
Individual Nigerians and corporate bodies alike rely on generators powered by petrol, diesel and gas to provide 48.6 per cent of the electricity they consume across the...
Nigeria and other exporting nations across the world cash in short on the proceed from crude oil per barrel in November following price depreciation in the...
The cost of Premium Motor Spirit (PMS), also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to...
Debt failure: UBA seizes AEDC’s 60% equity The United Bank for Africa (UBA) took over 60 per cent equity of private investors in Abuja Electricity Distribution...
Royal Dutch Shell has made its first foray into selling power to households in Australia, teaming up with an infrastructure fund to buy Meridian Energy’s local electricity business...
Oil prices have dipped to their lowest levels in six weeks, with both Brent and WTI dropping below the psychologically important $80 per barrel mark for...
Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the COVID-19 situation...
The leadership of the Senate has directed its Committee on Local Content to immediately commence investigations into the alleged breach of local content law by an...
Brent, the international benchmark, rose as much as 0.9 per cent to $80.22 a barrel early on Tuesday, hitting a three-year high for the second consecutive...
The African region in dare need of investments to fulfill sustainable energy target as emerging markets struggle to provide $4.226 trillion private sector investment required for...
Oil prices rose for a third week in a row to a near three-year high on Friday as global output disruptions have forced energy companies to...
About six million power users are still paying for electricity through estimated bills despite the various metering schemes adopted by the Federal Government and operators since...
Mele Kyari, the Group Managing Director of NNPC has said there is provision in the Petroleum Industry Act (PIA) that gives room for individuals to acquire...
NNPC incurred N473bn loss operating 3 moribund refineries – Report The Nigerian National Petroleum Corporation incurred a loss of N473.3 billion in operating moribund...
Gas pipeline code propels $500m investment proposal one year after launch Investors have proposed to spend over $500 million in building gas pipelines and...
NNPC gets FEC approval to hold 20% stake in Dangote Refinery The Nigerian National Petroleum Corporation (NNPC) has been given the approval to acquire...