The African Energy Guarantee Facility (AEGF) is launching a virtual roadshow of free webinars allowing a deeper understanding of risk issues for renewable energy projects on...
Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales...
Premium Motor Spirit, otherwise called petrol, now sells for between N200 and N220 per liter at the independent marketers’ service stations in Nsukka, Enugu State. The...
Nigeria’s Department of Petroleum Resources (DPR) will hit the N3.2 trillion revenue target by December 2021, according to its Director/ Chief Executive Officer, Mr Sarki Auwalu....
Lagos State Government, through its Ministry of Energy and Mineral Resources, on Tuesday signed a Memoranda of Agreement (MOA) with Ikeja Electric and Sahara Power Group...
Africa’s richest man and the President of the Dangote Group, Alhaji Aliko Dangote, yesterday disclosed that the 20 percent equity taken by the Nigerian National Petroleum...
There are indications that the Federal Ministry of Industry, Trade and Investment has put machinery in motion to push for the amendment of the newly passed...
The Federal Government has implemented a 7.5 percent tax on imported Liquefied Petroleum Gas, popularly called cooking gas, as the cost of the commodity leap by...
Nigeria’s state oil company, Nigerian National Petroleum Corporation (NNPC), is considering an initial share sale after posting the first profit in its 44-year existence. Legislation signed...
President Muhammadu Buhari on Thursday announced the Nigerian National Petroleum Corporation NNPC, made a net profit of N287b in the year, 2020. A statement by presidential...