PTDF sends 17 Nigerian scholars to Brazil
The first set of Nigerian scholars to benefit from the partnership between the Petroleum Technology Development Fund and the University of Sao Paulo Brazil,...
Shell committed to development of 2.8 trn scf of gas
Shell Petroleum Development Company (SPDC) Joint Venture is developing various gas projects to support domestic consumption, especially by industrial concerns and power generating firms.According...
Indonesia firm to build 10,000bpd refinery in Nigeria
Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, has indicated interest in building a 10, 000 barrel per...
S.Africa to build 9,600MW nuclear project, maybe one of the world’s...
Russian energy group Rosatom is a contender for South Africa's nuclear expansion project and the country will award the contract by the end of...
Oil prices edge up; rises up this year lows amid exports...
Oil prices on Friday bounced up off the year's lows as some producers reduced exports and U.S. rig additions slowed, but the rebound was...
Oil hits 6-week low as OPEC fails to curb oversupply
Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts about OPEC's ability to implement agreed production cuts.Brent...
DPR to commence e-licensing of fuel dealers in Bayelsa
The Department of Petroleum Resources (DPR) says it has concluded plans to commence online licensing and renewal of operating licences for fuel dealers in...
NNPC grows power supply by 3,056mw
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it supplied 689 million standard cubic feet of gas per day, mmscfd to power plants in...
NNPC attributes ₦34bn Q1 loss to crude production slumps
The group financial performance of the Nigerian National Petroleum Corporation recorded its third consecutive monthly loss in March as the oil firm reported a...
SERAP sues FG over failure to distributes free pre-paid meters
The Socio-Economic Rights and Accountability Project (SERAP) is suing the Federal Government over what it has described as “their collective failure, refusal and negligence...
Nigeria power station expected to add 340 magawatts
The Federal Government has embarked on an incremental power project to boost power generation in Nigeria.The Minister of Power, Works and Housing, Babatunde Fashola,...
Declaration of force majeure bounces oil up 1 per cent
Oil prices rose about 1 percent on Friday, bouncing a bit from steep falls earlier in the week as a declaration of force majeure...