Energy firms in the country owe Nigerian banks a total of N5.59 trillion, the sectoral analysis of banks’ credits by the Central Bank of Nigeria (CBN)...
The Federal Government has reshuffled the top management of the Nigerian National Petroleum Corporation (NNPC) through deployments and new appointments. Announcing the changes at the corporation...
Against the background of the tough challenges that marked the operating environment of the downstream oil sector, the nation’s total energy provider, Conoil Plc turnover still...
The nation’s electricity grid has collapsed 108 times after the power sector was privatised, data from the Transmission Company of Nigeria (TCN) have shown. The TCN,...
A total of 5.26 billion litres of premium motor spirit (PMS) also know petrol were imported for consumption in the first three months of 2020. The...
Nigeria may face petrol scarcity if oil workers make good the threat of withdrawing their services nationwide should the Federal Government insist on registering employees in...
Seplat Petroleum Development Company Plc, has announced the completion of transfer of the business activities and assets of OMLs 4, 38 and 41 from the Holding...
The United States’ import of Nigeria crude oil plunged by 63.03 per cent in the first quarter of this year, compared to the last quarter of...
Engr. Sarki Auwalu, director and CEO of Nigeria’s Department of Petroleum Resources (DPR), told the press about how the country is strategically implementing OPEC-mandated production cuts...
The Dangote oil and gas refinery remains on track to be operational in early 2021 despite the disruption caused by the COVID-19 pandemic, Devakumar Edwin, its...
