The amount being spent by the Federal Government on subsidising Premium Motor Spirit (PMS), being consumed locally has exceeded the N400 billion mark. Group Chief Executive...
Following discovery of crude oil in commercial quantities in Nasarawa State, plans are in top gear to commence drilling from March 2023. Group Chief Executive Officer,...
As part of efforts to mitigate the hardships facing Nigerians currently, the management of Techno Oil Limited has directed its outlets nationwide to switch on to...
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL, has denied media reports alleging their plans...
With global recession looming large and demand concerns on the horizon, oil prices slowed down on the first day of trading for the year 2023....
Information filtering out from Savannah Energy PLC has it that the company has acquired the whole operations of Petronas International Corporation Limited, through a Share...
Savannah Energy PLC, has announced its acquisition at US$407 million, of ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon, including operatorship of the...
By Edozie Obasi-Eze Amidst heightening uncertainties in the domestic petroleum products market characterised by scarcity and irregular pricing, the Nigerian Midstream and Downstream Petroleum Regulatory...
First Independent Power Limited (FIPL), a Sahara Power Group Company, has inducted 13 young engineers into the generating company following a six-month extensive development program focused...
African countries will require an average of $40 billion power grid investments annually for about five years to deliver stable electricity to citizens on the continent,...
