Oil rises to $66 on U.S, China deal, others
Oil prices rose yesterday, extending last week’s gains amid rekindled hopes that the United States…
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Why we cut petrol price to N140 per litre, by IPMAN
Independent Petroleum Marketers Association of Nigeria (IPMAN) National Chairman Chief Chinedu Okoronkwo has clarified that…
Troubled OMLs 120 & 121 yet to know peace
By Emeka Nze Calm is yet to return to OMLs 120 and 121…
TCN delivers 450MVA power transformers to Abia, Kano
The Transmission Company of Nigeria has installed and inaugurated a 300MVA 330/132/33kV power transformer in…
Aiteo in stress as $1.7 billion OML 29 expires June 2019
By Emeka Nze In a few months from now, Aiteo Eastern Exploration and Production (E&P)…
Nigeria’s oil production to increase by 225,000 bopd
By Gbenga Adedayo Hope of raising Nigeria’s crude oil production by 225,000 bopd brightened recently…
Nigeria’s daily oil production falls to 1.99 million barrels
The nation’s crude oil production including condensate fell to 1.999 million barrels per day in…
NNPC, Shell, others sign FID for gas project
The Nigerian National Petroleum Corporation and its joint venture partners on Wednesday in Abuja signed…
PNG’s Egbaoma Gas Processing Plant to reduce LPG import
By Gbanga Adedayo The PNG Egboama Gas Processing Plant is set to reduce Nigeria’s current…
FG to stop payment of shortfalls to Gencos
The Federal Government on Tuesday ordered power generation companies to go, find customers and sell…