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Three years ahead of a scheduled repayment agreement, state-owned oil company, Nigerian National Petroleum Corporation (NNPC) has paid ExxonMobil's Nigeria...
Read moreDetailsBritish Royal Marines and officials in Gibraltar have detained the supertanker Grace 1 suspected of carrying crude oil to Syria,...
Read moreDetailsSmugglers of premium motor spirit, popularly known as petrol, smuggle the commodity to as far as Burkina Faso, Mali and...
Read moreDetailsThe Nigerian National Petroleum Corporation (NNPC) remains the largest supplier of gas to the nation’s power sector, Maikanti Baru, the...
Read moreDetailsTo pay N1.349bn to community in two weeks Parties to renegotiate GMoU Shell Petroleum Development Company (SPDC) and stakeholder...
Read moreDetailsEuropean Union (EU) has approved 165 million euros to support Nigeria’s renewable energy programme, Ketil Karslen, E.U's head of delegation to...
Read moreDetailsThe Nigeria National Petroleum Corporation (NNPC) will commence oil exploration in Benue state next month. As the exploration begins, Benue...
Read moreDetailsThe electricity distribution companies (DisCos) have demanded a cost recovery framework before making investments in power distribution. Speaking at a...
Read moreDetailsThe National Bureau of Statistics (NBS) said that the average cost of refilling a five kilogramme (kg) cylinder of Liquefied...
Read moreDetailsGains in energy shares helped Wall Street’s main indexes snap two days of weakness and trade higher on Thursday, with...
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Oil windfall expectations from the Middle East crisis