Energy

Oil fell as U.S. drilling continued to rise, undermining the potential for even an extended OPEC output-reduction deal to rebalance...

GreenWish Partners, a Paris-based independent power producer, will invest $280 million to build solar-power plants in Nigeria that are expected...

Experts have submitted that solving the problems of power sector in the country will require an effective synergy of legislation...

John Tsoho, justice of the federal high court, Abuja, has reversed his order revoking OPL 245, an oil block, from...

Nigeria Liquefied Natural Gas Company (NLNG) could unlock three times as much gas as the country's proven reserves and create...

Nigeria plans to sell portions of its oil assets to help fund President Muhammadu Buhari’s four-year program to lift the...

The resilience of the US shale is set to frustrate the Organisation of Petroleum Exporting Countries (OPEC) and inevitably the...

Helios , a  private  Equity  Fund has acquired a  49  per cent  stake  in Oando  Gas and Power,  while its  nominee  acquires another  2 per cent, thereby making  the equity  firm  majority shareholder.  Bolaji Osunsanya, managing director...

The Federal Government on Wednesday approved N701billion as Power Assurance Guarantee for the Nigerian Bulk Electricity Trading (NBET). The facility...

Nigeria's oil production has risen to 2.1 million barrels a day, the managing director of state oil firm NNPC said...