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LATEST ENERGY

Egbin Power Plc to Raise $1.8 billion to Expand Output

Egbin Power Plc, Nigeria's largest power generating company, announced that it plans to raise the sum of $1.8 b...

Jun 19, 2021

NNPC, Egbin Power Strengthen Gas-To-Power Deal As Production Hits 970MW

The Nigerian National Petroleum Corporation (NNPC) and the Egbin Power Plc have pledged to deepen collaboration to ensur...

Jun 15, 2021

Saudi Arabia No Longer An Oil Producing Nation — Energy Minister

Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman, stated last week that Saudi Arabia is no longer an...

Jun 08, 2021

Expert Describes Dangote Refinery 'A Potential Game-Changer'

A report by Platts Analytics has described Dangote refinery in Nigeria will be a “potential game-changer” on...

Dec 26, 2020

Rivers: PETROAN Orders Fuel Stations To Reduce Petrol Price From Monday

Chairman, Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Francis Dimkpa has ordered filling ...

Dec 10, 2020

Oil Prices Rise Towards $50 After OPEC+ Agreement

Oil prices reached their highest level since March on Friday, a day after major producers agreed to ease their oil ...

Dec 05, 2020

OPEC Appeals For Balancing, Stability Of Global Oil Market

The Organisation of the Petroleum Exporting Countries (OPEC) has appealed to oil producing countries to maintain th...

Dec 05, 2020

Nigeria Resumes Petrol Importation From China

Nigeria, Africa’s biggest oil producer and exporter, has resumed the importation of petrol from China, the world&r...

Dec 03, 2020

Oil Prices Rise Amidst Pending OPEC Output Deal

Oil prices rose on Wednesday as the market awaited a pact from producers on output, which many traders expect will conti...

Dec 03, 2020

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