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OPEC daily basket price drops to $61.85 per barrel
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC)...
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FG Applauds NNPC Foray into Renewable Energy
The Federal Government has commended the Nigerian National Petroleum Corporation (NNPC) for venturing into the development of renewable energy across...
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Electricity firms drag FG to court over N1 trn debt
The power crisis in the country may worsen as the Power Generation Companies in Nigeria, GENCOs, have dragged the...
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90 million Nigerians lack electricity supply – Fashola
Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, has revealed that about 90 million Nigerians have no access to...
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NNPC Records $476.25m Crude Oil, Gas Export Receipts
…Delivers Gas Equivalent of 3,342 MW for Power Generation The Nigerian National Petroleum Corporation (NNPC) recorded total export receipts of...
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Shell makes effort to ensure environmental sustainability in Nigeria
Shell Petroleum Development Company, SPDC has made concerted effort to ensure environmental sustainability through risk and impact assessment on...
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Cost of Producing Crude Oil per Barrel now $20 –NNPC
By Ayobami Adedinni The Nigerian National Petroleum Corporation (NNPC) has disclosed that has brought down the cost of producing a...
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N659 bn debt: Oil marketers withdraw ultimatum given to FG
Oil Marketers under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Major Oil Marketers...
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Chevron considering climate change in business decisions- CEO
Chevron Corporation has published its second report describing the company’s approach to managing climate change risks and its resilience under...
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NNPC spends N774m daily subsidising petrol –Baru
The Nigerian National Petroleum Corporation on Sunday announced that it currently spends N774m daily as subsidy on the 50 million...
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