Oil and Gas
Biting power tariff back in disguise
By Charles Abuede, Onome Amuge, Zainab Iwayemi & Tobias Pius Hit Nigerians hard with outrageous bills, rapid depletion of energy…
Brent crude passes $63 as risk-on sentiment soars, FXTM analyst
As Bonny Light crude rallies at $60.52 Oil prices kicked off the week on a strong footing,…
BUA’s 200,000bpd refinery project on track for 2024 commercial operations
By Onome Amuge The proposed 200,000 barrels per day BUA refining and petrochemical plant in Akwa Ibom is on…
NNPC rallies operators on production cost optimization as Nigeria targets $10 per barrel
Sylva, petroleum minister, launches NUCOP At current $30 for its JV, and $20 for PSC, Nigeria far outshoots Saudi…
REA ramps up electrifying Nigeria under NEP PBG with 5 more communities
By Tobias Pius The Rural Electrification Agency (REA) is increasing its pace in electrifying Nigeria one community at a…
World Bank’s $500m facility to ramp up Nigeria’s electricity supply
By Tobias Pius, with wire report Nigeria's decrepit power sector is about to benefit from a $500 million loan…
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