Energy

Oil prices may hit $100 -analysts

Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production…

4 years ago

Nigerian local metre manufacturers seek govt approval for direct sale to customers

Kola Balogun, president of Momas Electricity Meter Manufacturing Company (MEMMCOL) has asked the federal government to license selected indigenous companies…

4 years ago

Oil prices: Investors confidence returns as supply tightens

Oil prices start the London trading session bullish with investors regaining some risk appetite. However, they await clues from the…

4 years ago

Crude oil rises to $82 a barrel

The price of crude oil rose in London on Friday morning as an uprising in Kazakhstan led to concerns about…

4 years ago

Nigerian military destroys 145 illegal refineries in Niger Delta –DHQ

Defense Headquarters says Operation Delta Safe troops immobilized 145 illegal refining sites in the Niger Delta region between May 2021…

4 years ago

Buhari appoints late Chuba Okadigbo’s wife as NNPC Board Chairman

President Muhammadu Buhari has appointed Margret Okadigbo as Chairman of the Board of the Nigerian National Petroleum Company (NNPC) Limited.…

4 years ago

OPEC projects 28.8m barrels per day oil demand for 2022

Mohammad Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) has stated that the cartel's forecast for crude…

4 years ago

NUPRC to Conclude 2020 marginal field bid round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to close out the 2020 marginal field bid round programme and…

4 years ago

Nigerian govt reiterates resolve to improve power supply

Nigeria’s Minister of Power, Abubakar Aliyu has disclosed that the present administration under President Muhammadu Buhari has done more than…

4 years ago

NNPC records N203.73bn from petroleum products sale in July

The Nigerian National Petroleum Company (NNPC) Ltd. has stated that the Petroleum Products Marketing Company (PPMC), its downstream subsidiary made…

4 years ago

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