Energy

The U.S. Trade and Development Agency (USTDA) has approved a grant of $1 million (N360 million) for the detailed engineering...

No fewer than 18 suspects were apprehended by the Enugu Electricity Distribution Company (EEDC) for vandalising electricity installations in the...

Strong refinery margins kept demand elevated, enabling several more Nigerian cargoes to trade. But gains in dated Brent were closing...

Oil prices Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness to cut...

Key Nigerian agencies have agreed to partner in oil revenue savings and promotion of better attitude to public office. They...

Nigeria has lost N11 trillion to corruption in the power sector since 1999, a university lecturer, Dr Yemi Oke, said...

The Nigerian National Petroleum Corporation (NNPC) has disclosed that the four major investments it recently embarked upon with key upstream...

A lawmaker, Sen. Stella Oduah, has urged Nigeria National Petroleum Corporation (NNPC) to put adequate metering system in place to...

Nigeria's state oil company said on Thursday it had signed agreements with Chevron and Shell to boost crude production and...

Booming refinery profits are helping West African oil producers sell cargoes quickly, aided by a shortage in certain types of...