BEDC, Thames Energy, Delta state agree on building 20MW power plant

The Benin Electricity Distribution Plc has announced the signing of a Memorandum of Understanding with Thames Energy Limited and the Delta State Government on...

China plans to roll out use of ethanol in gasoline by...

China plans to roll out the use of ethanol in gasoline nationally by 2020, state media reported on Wednesday citing a government document, as...

Immigration asked to probe Egbin Power boss, Dallas Peavey Jr.

Nigeria's Minister of Power, Works and housing, Mr. Babatunde Fashola, have urged the Nigeria Immigration Service to investigate the Managing Director of Egbin Power...

ExxonMobil cut 20-year LNG price with India, bad sign for producers

India get a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a...

Global LNG glut may hit Nigeria

The global glut plaguing liquefied natural gas markets may start to dwindle in five years, threatening to spur a deficit equivalent to twice the...

FG plans to end gas flaring soon – Presidential aide

Brig. Gen. Paul Boroh, the Special Adviser to President Muhammadu Buhari on Niger Delta, says the Federal Government will soon introduce a programme that...

NNPC, ExxonMobil commits to boost oil, gas production

The Nigerian National Petroleum Corporation (NNPC) and its joint venture partner, Mobil Producing Nigeria Unlimited, have made commitments to boost oil and gas production...

Total seeks Greek’s approval for oil search in the country

French companies sought to win more business in Greece and to play a part in new Greek projects on Thursday, piggy-backing on French President...

Fed Govt offers tax holidays, duty waivers to mining investors

The Federal Government has offered tax holidays and duty waivers on imported mining equipment to foreign investors in the nation’s mining industry.The Minister of...

Supply of LNG via trucking will create 7, 000 jobs

Amid reservations by some people about the recently signed 20-year Gas Sales Aggregation Agreement (GSAA) between the Nigerian National Petroleum Corporation (NNPC) and Total...

Osinbajo approves privatisation of Afam Power plants

The National Council on Privatisation (NCP), chaired by the Vice President Yemi Osinbajo, has approved the commencement of the privatisation of Afam Power plants...

Cooking gas, petroleum prices fall

The Nigerian National Petroleum Corporation on Sunday announced a crash in prices of Premium Motor Spirit, also known as petrol and cooking gas. This...

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