Energy
Oil lingers near 2-month high amid global supply concerns
Oil prices hovered around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in...
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Cooking gas demand crashes amid rising prices, marketers groan
Demand for Liquefied Natural Gas (LPG) popularly known as cooking has dropped to a record low across the country, The...
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Oil tumbles on Global Economic worries
Oil prices tumbling more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China, a...
Read morePower firms owe banks N861.14bn amid worsening electricity crisis
The debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year...
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Cooking gas: Nigeria needs $750m for 5MMT annual consumption
Nigerians requires about $750m investment in the transportation and retailing infrastructure for Liquefied Petroleum Gas, popularly called cooking gas, to...
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Nigeria-Morocco gas pipeline: OPEC, Russia show interest
The Organisation of the Petroleum Exporting Countries (OPEC) and Russia are some of the international interests showing willingness to buy...
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Oil climbs 1% after U.S. crude stocks signal tighter supply
Oil prices rose at the start of Asian trade on Wednesday after industry data showed drawdowns in U.S. crude and...
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Forte Upstream Services receives ISO 9001:2015 certification for quality management
Forte Upstream Services Limited has received the ISO 9001:2015 certification for its quality management system. The certificate was presented by...
Read moreSubsidy hits N1.35tn in four months, NNPC to deduct N672bn
The subsidy on Premium Motor Spirit, popularly called petrol, between January and March 2022 has risen to N675.93bn, the latest...
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Nigerian content in Oil Sector grows to 42% – Wabote
The Nigerian Content Development and Monitoring Board (NCDMB) has grown Nigerian content in the oil and gas sector to 42...
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