Energy

The need for reliable power supply has risen with the coming of COVID-19 and the need to work remotely.

Growing concerns have been raised about the effect of the World’s largest maritime hold-up on the global economy, and Nigeria...

With the paucity of funds the government faces, the spending of $1.5 billion on a refinery should be at the...

The massive ship that has blocked the Suez Canal for over a week has been partially cleared off the water...

Operating revenue of the NNPC Group in December 2020 as compared to November 2020 increased by 33.44% or N137.00billion to...

The FG is expected to earn up to $600 million from payments by bid winners of marginal oil fields.

The NNPC boss stated that the actual market price should be between N211 and N234/litre.

The Minister has disclosed that marginal oilfields bid winners are allowed to make payments in naira.

CBN disbursed N33.45 billion to 9 DisCos to procure 605,852 meters and N89.89 billion under the NEMSF to 11 DisCos.

The pandemic-related shift to remote work could remove between 1 million and 1.5 million barrels per day from global demand.