Despite boasting 206 trillion standard cubic feet of gas reserves and topping major countries, Nigeria’s per capita consumption of gas is the lowest in the sub-Saharan African region, Ministers of …
Energy
Heavy reliance on importation and weak Naira-to-Dollar exchange rate has been blamed for the spike in aviation fuel, currently pegged at N315/litre. Fuel marketers, yesterday, said besides the local charges …
Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has urged African countries to urgently embrace renewable energy sources so as not to be left behind in the ongoing rapid global …
The Nigerian National Petroleum Corporation (NNPC) has continued its ongoing major reshuffle of key managerial positions in the national oil company, a move that has affected at least 52 officials …
Shell, a world energy giant, has named Elohor Aiboni as the managing director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), its Nigeria deep-water business, with effect from 1st …
LG Electronics has pledged to transition completely to renewable energy by 2050 as a key component of its sustainability strategy. The announcement formed part of the new LG Electronics Sustainability …
The cost of providing security for the smooth operation of the Oil and Gas Industry in Nigeria is driving up production cost per barrel in the country, the Minister of …
The Department of Petroleum Resources (DPR) has warned that the pump price of petrol in the country may rise up to as much as N1000 per litre when the petrol …
The Executive Director/ CEO, Nigeria Export Promotion Council, NEPC, Mr Olusegun Awolowo, has commended the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari, over his efforts …
The oil market tumbled more than 3 per cent on Tuesday as fear gripped the market following the cancellation of a meeting of producers as a result of disagreement to …