Thursday, June 18, 2026
Buhari meets NNPC GMD, Mela Kyari again over oil prices
President Muhammadu Buhari, has again met with the Group Managing Director of the Nigeria National Petroleum Corporation, Mela Kyari, at...
Read moreDetailsNigeria’s daily oil production plunges to 1.57m barrels
Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day last month, the Organisation of...
Read moreDetailsSolution to poor electricity beyond recapitalisation of Discos, says electricity group
A group, the All Electricity Consumers Protection Forum, says the solution to the power challenges preventing stable electricity supply in...
Read moreDetailsOil prices surge as US-China trade deal nears
Kenneth Afor with agency report Oil prices on Tuesday morning surged by 0.67 percent after four consecutive days of...
Read moreDetailsTCN to push for Discos’ recapitalisation
Power distribution companies must be recapitalised for Nigeria’s power industry to work and the Transmission Company of Nigeria has vowed...
Read moreDetailsTargeting Iraqi oil facilities could disrupt Asia’s crude supplies
Investors are worried about possible attacks on oil facilities in Southern Iraq that could affect crude supplies into Asia, Henning...
Read moreDetailsPower generation hits 4,898.2MW
The total quantum of electricity generated on the national grid since the beginning of 2020 reached a peak of 4,898.2...
Read moreDetailsGlobal oil prices stabilize after Iran’s retaliation, analysts see further declines
Kenneth Afor Oil prices on Thursday maintained its balance 24 hours after plummeting which was buoyed by tensions emanating...
Read moreDetailsGlobal oil and gas discoveries hit four-year high
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the...
Read moreDetailsOil’s bonkers week saw a ‘stunning’ collapse following the Trump-Iran turmoil
We are a week into the new year but oil traders have had a heck of a 2020 so far...
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Economic carnage of misusing ex parte orders in Nigerian courts