82 die in electricity accidents in seven months

.Abuja, Kano, Port Harcourt highest hitA total of 82 persons, including employees of electricity distribution companies, Transmission Company of Nigeria, as well as power...
Oil

Oil in holding pattern as OPEC meets about cheating on output deal

Oil prices struggled for direction Monday as investors awaited the results of an OPEC meeting later in the day and new data later this...
NNPC

Pipeline vandalisation harming economy, says GMD, NNPC

Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru has appealed to oil pipeline hackers to desist from such nefarious act,...

Fayemi, Monguno order closure of all illegal mining sites in Plateau

In an effort to shore up the revenue profile of the nation and also ensure that activities in the extractive industry are streamlined, the...

NIPCO MD gives reasons for firm’s role in fuel distribution chain

The Managing Director , Nigerian Petroleum Marketing Company; (NPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), Mr Umar Ajiya has outlined...
re-balance

Will oil markets re-balance before OPEC deal expires?

The oil market is still on track to re-balance, although the pace is “stubborn” and will still take some time, the International Energy Agency(...

Kachikwu dissociates self from campaign posters

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has washed his hands off some campaign posters purportedly linked to him.A statement by...

US approves N360m grant for modular refinery in Nigeria

...... pledges support for 20,000 BPDThe United States United States Trade and Development Agency (USTDA), has approved a grant of $1 million (N360 million)...
Ethiopia

Dangote, Kano partner on 100MW solar power

Africa's conglomerate and indigenous investor, Dangote Group, has signed a Memoranda of Understanding (MoU) with the Kano State Government for the proposed 100MW Dangote-Black...

Why have oil prices recovered?

Oil prices held up for most of the first half of 2017, averaging $54/barrel up to the end of May, following the agreement at...

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