Energy
Discos’ indebtedness hits N326bn in nine months, says FG
The shortfall in remittances by power distributors to the Nigerian Bulk Electricity Trading Company Plc and the Market Operator of...
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Nigeria’s crude oil earnings hit N12.4tn in 11 months – Report
Nigeria produced a total of 440.774 million barrels of crude oil valued at about N12.4tn between January and November 2021,...
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FG set to close 2020 marginal oilfield bid round
The Nigerian Upstream Petroleum Regulatory Commission on Tuesday said it was set to close out the 2020 marginal field bid...
Read moreOil prices keep climbing even as Omicron COVID-19 variant fans out
Oil prices rose on Thursday for a third straight day, underpinned by a weaker dollar on optimism about global growth,...
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NNPC nets N203bn from products sale in July , Petrol subsidy rises, hits N1.16tn in 11 months
The Nigerian National Petroleum Corporation (NNPC) on Wednesday, said it generated N203.73billion from the sale of white products in the...
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Oil climbs on weaker dollar, China, amid Omicron caution
Oil prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns...
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Oil prices climb amidst worries over Omicron linger
Oil prices rose on Tuesday, though investors remained worried about the rapid spread of the Omicron coronavirus variant globally, prompting...
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FG to Release List of Real Owners of Nigeria’s Oil, Gas Assets in January
The federal government will next month make public the real owners of oil, gas and mining assets in the country...
Read moreOil rises on OPEC+ plan to meet if Omicron hits fuel demand
Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of its next scheduled...
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We’re not ending petrol bridging payments – FG
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday assured worried transporters that payment for petrol bridging costs...
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