NLNG makes significant progress on $10Bn Train 7 project
The Nigerian LNG Limited has revealed that it is making significant progress in activities that will lead to the formal award of engineering, procurement...
Nigerians to pay more for electricity, FG promises IMF
Federal Government has promised the International Monetary Fund that Nigerians will pay higher tariff for power in 2021. The promise was made while seeking...
Oil prices rise as more countries ease lockdown
Oil extended gains in Asia on signs of improving demand as Coronavirus-hit major economies begin to ease strict curbs and as top producers slash...
COVID-19: Shell cuts dividend for first time since WWII
Royal Dutch Shell on Thursday cut its dividend for the first time since the 1940s after a first-quarter loss – and warned that virus-ravaged...
Bayelsa community challenge Shell oil spill investigation conclusion
The residents of Angiama in the Southern Ijaw Local Government Area of Bayelsa State have alleged that the Shell Petroleum Development Company of Nigeria...
Nigeria's refineries report N9.6Bn loss in January- NNPC
Nigeria’s refineries have reported a loss at the start of the 2020 financial year as they posted a cumulative operational deficit of N9.6bn in...
TCN warns of power sector collapse in Nigeria
The Transmission Company of Nigeria has said the nation’s power sector will collapse completely if urgent steps are not taken to capitalise the distribution...
Agip yet to receive River's approval to fly helicopter in state
Nigerian Agip Oil Company Limited has revealed that it is yet to receive approval from the Rivers State Government to fly a helicopter to...
NNPC, partners set to build medical facilities across the country
The Nigerian National Petroleum Corporation has disclosed plans of delivering medical infrastructure in all states across the country.
NNPC’s Group Managing Director, Mallam Mele Kyari,...
Persistent oil crashes may lead to production halt- NNPC
The Nigerian National Petroleum Corporation has disclosed that Nigeria is still producing crude oil but a persistent crash in oil prices may lead to...
