Energy

PIB: NAEE calls for clarification on 30% border exploration revenue

Professor Yinka Omorogbe, chairman of the Nigerian Energy Economics Association (NAEE), called for clarification on transferring 30% of oil and…

5 years ago

WTI crude oil sells for $70 per barrel

The West Texas Intermediate (WTI) oil was trading around $70 a barrel on Thursday, rebounding from two-month lows of near…

5 years ago

Vetiva Capital faults sales of petrol for N1,000/litre claim

Vetiva Capital has picked holes in the Department of Petroleum Resources’ claim that Premium Motor  Spirit (PMS) prices could rise…

5 years ago

DPR clears the air on fuel subsidy removal

The Department of Petroleum Resources (DPR) has stated that it was misinterpreted on the issue of elimination, adding that media…

5 years ago

Nigeria on the right track for cleaner global energy – Osinbajo

The Vice-President, Professor Yemi Osinbajo, has said the federal government is working conscientiously to ensure that the country meets global…

5 years ago

Nigeria’s petrol price rises by 28.49% in June

The National Bureau of Statistics (NBS) has disclosed that the average price paid by consumers in Nigeria for a litre…

5 years ago

Reps push to withdraw expired gas cylinders from Nigeria

The House of Representatives has urged the Standards Organisation of Nigeria (SON) to design a strategy to regulate the use…

5 years ago

TCN, World Bank train 708 electrical engineers

The Transmission Company of Nigeria (TCN) and World Bank have commenced an intensive training programme for 708 electrical engineers in…

5 years ago

Brent Crude nears three years high at $75

Brent crude futures were around $75 a barrel on Monday, remaining close to 2018 levels, as investors continue to follow…

5 years ago

Nigerian oil output drops despite rising prices

Nigeria pumped 1.48 million barrels of crude oil in June, witnessing a significant drop in production compared to previous months,…

5 years ago

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