Energy
Oil up, near $70 a barrel as demand outlook improves
Oil prices firmed on Monday, with Brent trading near $70 a barrel on growing optimism that fuel demand will grow...
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NNPC, 3 others jostle for $12bn stake in Dangote refinery
Four oil firms including the Nigerian National Petroleum Corporation (NNPC) are jostling for a 20 per cent minority stake in...
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NNPC pledges crude supply to 20,000bpd Lagos refinery
The Nigerian National Petroleum Corporation has committed to supply crude oil to a refinery project on Tomaro Island in Lagos,...
Read moreNigeria signs oil deal to unlock $10bn Investment
Nigeria has signed an offshore oil deal with Shell, Exxon, Total and Eni, that the state says will generate millions,...
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ELECTRICITY: Stakeholders decry bottlenecks as FG claims additional 3,400MW to grid
Stakeholders in the power sector, yesterday, decried the limitations hindering government intervention in the electricity sector despite the addition of...
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Oil slips on possible return of Iranian supply as nuclear talks progress
Oil prices fell on Thursday but stayed within the tight range they have been in all week, as optimism on...
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Royal Dutch Shell ordered by the Hague to cut carbon emissions by 45%
A court in the Hague has ordered Royal Dutch Shell to cut its global carbon emissions by 45% by the end of...
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Oil slips on fears of supply glut from possible return of Iranian supply
Oil inched lower on Wednesday as worries that a possible return of Iranian supply would cause a glut outweighed expectations...
Read moreOil jumps over 3% as fears of Iranian exports ease
Oil prices rose more than 3% on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism...
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FG begins gas flare reduction with award of 45 licences in June
The Federal Government will next month award licences under the Nigerian Gas Flare Commercialization Programme (NGFCP) to qualified bidders as...
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