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Nigeria Ranks Second Worst Nation in Electricity Supply

Recent Reports released by Spectator Index indicates that Nigeria ranks as the second worst nation in power supply out of the 137 countries examined...

Terminal operator explains cause of Apapa gridlock

The Chairperson, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Haastrup, has explained the cause of Apapa road gridlock. She said the current reduction in...

Nigeria’s Bonny Light crude oil hits $67.10 a barrel

The price of Nigeria’s Bonny Light crude oil reached $67.10 per barrel to emerge the highest priced product among members of Organisation of the...

India, U.S. highest buyers of Nigerian crude in Q3 2017

Contrary to claims that the United States had stopped buying Nigeria’s crude oil, the National Bureau of Statistics (NBS), in its Third Quarter 2017...

Nigeria earned N398bn from LNG, cooking gas exports in Q3 2017

Data obtained from the National Bureau of Statistics (NBS), has revealed that Nigeria earned N398 billion from the export of Liquefied Natural Gas (LNG)...

NIPS 2018: Top-level industry players to lead discussions

By Obineme Ndubuisi Micheal      The Federal Government of Nigeria is proud to announce its first official oil and gas event, Nigeria International Petroleum Summit,(NIPS)...

Fuel queues persist at Christmas, labour lambasts FG

The scarcity of Premium Motor Spirit continued in many parts of the country on Monday, putting a damper on the Christmas celebrations as many...

Nigerian LNG cargo to arrive Portugal Dec 29

Shipping data by the Port of Sines shows that the REN-operated Sines LNG import terminal in Portugal is set to receive a new cargo...

We are disappointed, says Shell on ruling of Italian court

Royal Dutch Shell Plc says it is disappointed in the decision made by an Italian court which approved the prosecution of the company in...

OPEC countries require $10.5tr to meet oil demand

Members of the Organisation of the Petroleum Exporting Countries (OPEC) are said to require investments of about $10.5trillion to meet the projected increase in...
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