Oil prices bounce back, highest in two months
The international oil price benchmark, Brent crude, climbed to its highest level since March on Monday as major oil producers slash their output levels...
NLNG celebrates 31st anniversary, lists achievement
The Nigeria LNG Limited has disclosed that it has paid over $13bn to the Federal Government for feed-gas purchase since the commencement of its...
Nigeria's refineries records N18.9Bn loss in two months
The Nigerian National Petroleum Corporation has revealed that the refineries owned by the Federal Government recorded a total loss of N18.96bn in the first...
Nigeria’s refineries records N18.9Bn loss in two months
The Nigerian National Petroleum Corporation has revealed that the refineries owned by the Federal Government recorded a total loss of N18.96bn in the first...
Crude oil drops for second time, records 48% decline
Crude oil in the Organisation of Petroleum Exporting Countries reference basket dropped for the second consecutive month in April, dropping 48 per cent of...
NLNG awards construction contracts for Train 7 project
The Nigerian LNG Limited has granted the engineering, procurement and construction contracts for its Train 7 project to the SCD JV Consortium, comprising Saipem...
NLNG set to begin domestic supply of liquefied natural gas
Nigeria LNG Limited has revealed that it is engaging market players to begin the domestic supply of the liquefied natural gas.
The NLNG, which is...
Nigeria's power plants reports reduced output levels due to gas shortage
Nigeria's biggest power plant, Egbin, and 10 others had their output levels reduced by gas constraints on Monday.
The other plants were Omotosho, Olorunsogo, Delta,...
Nigeria’s power plants reports reduced output levels due to gas shortage
Nigeria's biggest power plant, Egbin, and 10 others had their output levels reduced by gas constraints on Monday.
The other plants were Omotosho, Olorunsogo, Delta,...
Nigerian refineries fails to produce petrol, kerosene for eight months
Nigerian National Petroleum Corporation has disclosed that for eight straight months, the refineries under its management failed to produce a drop of petrol or...
