Energy

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...

Asian Oilfield Services Ltd: * unit has signed contract for providing operations and maintenance services for offshore production unit at...

Two firms have signed an agreement to provide power to 25 communities across Nigeria using solar energy. The communities are...

Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest...

Listening for the engines of navy boats hunting illegal refineries in the swamps of Nigeria's Niger Delta, workers heat up...

Oil pipelines in OML (oil mining lease) 30 and 34 in Delta region were set on fire late on Tuesday...

Nigerian oil differentials fell to their lowest in more than a year on Friday as surplus cargoes struggled to find...

NNPC said on Friday it will partner with oilfield services company Schlumberger in exploration and reservoir management. The partnership aims to...