The pre-bid exercise for the new seven deep offshore open oil blocs will be concluded by April 2023, the Federal Government has said. Investors King reports...
Crude oil prices moderated slightly on Monday as concerns about China’s rising COVID-19 cases weigh on sentiment and clouded prospects for higher demand. Brent crude oil,...
The shortfall in the daily crude oil production allocation by the Organisation of Petroleum Exporting Countries (OPEC) to Nigeria is making the country to lose a...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the lingering fuel scarcity and rise in price may persist till the sixth month based on...
Nearly 60 per cent of Nigeria’s energy demand in 2050 can be met with renewable energy sources, saving 40 per cent in natural gas and 65...
The Nigerian Electricity Regulatory Commission (NERC) has revealed that the Electricity Distribution Companies (DisCos) in the country lose N4.79 out of every N10 worth of energy...
Sales of solar energy globally might reach $220bn this year as its demand has greatly risen by 25–30 percent, says Bloomberg Intelligence (BI) new report. Investors...
The Federal Government of Nigeria has revealed that investors have been shunning investment in the nation’s downstream oil sector because the cost of petroleum products were...
The reconstruction of Port Harcourt refinery has been completed and ready for operations by the first quarter of 2023, the Federal Government has disclosed. Investors King...
The fight against destruction of oil pipelines and stealing of oil by the Federal Government of Nigeria appeared to have been yielding positive results as the...
