Energy

Oil slips below $66 ahead of G20, OPEC meeting 

Oil slid below $66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough…

NNPC begins oil exploration in Benue

The Nigeria National Petroleum Corporation (NNPC) will commence oil exploration in Benue state next month. As the exploration begins, Benue…

This is why Nigeria is sliding into darkness

The nation’s power generation dropped to 3,390.7 megawatts on Monday as seven plants, including three built under the National Integrated…

DisCos demand cost recovery framework to invest in electricity

The electricity distribution companies (DisCos) have demanded a cost recovery framework before making investments in power distribution. Speaking at a…

Price of cooking gas drops in May — NBS

The National Bureau of Statistics (NBS) said that the average cost of refilling a five kilogramme (kg) cylinder of Liquefied…

Energy shares power Wall Street higher

Gains in energy shares helped Wall Street’s main indexes snap two days of weakness and trade higher on Thursday, with…