Energy

Border closure reduced fuel consumption by 8m litres – FG

The federal government has said the closure of the land borders by the Nigeria Customs Service has cut down the…

Seplat Oil set to acquire London-listed oil firm, Eland

Seplat Petroleum Development Company Plc on Tuesday announced that it has agreed to buy Eland Oil & Gas Plc. The…

NNPC to make public details of petroleum products supplies

By Business a.m. Staff The drive towards transparency by the management of the Nigerian National Petroleum Corporation (NNPC) is being…

Oil laws: Nigerian senate deliberates amendment to production sharing contract act

By Tola Akinmutimi, in Abuja The senate in Nigeria began deliberations Tuesday on the proposed amendments of the provisions of…

Gencos petition Presidency, NERC over admin charge

Power generation companies on Monday petitioned the Nigerian Electricity Regulatory Commission, the presidency and other relevant agencies of government over…

Nigeria moves to recover 35,000bpd lost to Shell JV, Belema oil dispute

The Nigerian government says it is determined to continue to extract over 35,000 barrels per day of crude oil output…