Sunday, 3rd July 2022
Breaking News:


15 Apr 2015
The United Nations-led campaign for clean energy to save the ozone layer could be under threat, as indications emerged that the global clean energy investment slumped in the first quarter of 2015 to its lowest level in two years.
15 Apr 2015
Poised to ensure energy sufficiency in the Sub-Saharan Africa, concerned stakeholders in the sector have called for partnership among operators to improve output in the region
15 Apr 2015
With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less
15 Apr 2015
Although, reports showed that the West African crude trading diverged last week, as Angolan selling and differentials versus dated Brent fared better than Nigerian grades. Traders said steady buying from Chinese and European refiners who prefer Angolan grades is helping to support the differentials and clear out the May programme, whereas Nigerian cargoes are struggling to sell.
14 Apr 2015
Shell received $14.7 billion income and returned $11.8 billion to its shareholders through dividends in 2014. The company, which made this disclosure in its 2014 sustainability report released at the weekend, said that its total capital investment of $37.3 billion by the company in 2014 would help to build and sustain business for the future.
14 Apr 2015
The Presidential Task Force on Power (PTFP) has set a target of 5,000 Mega Watts (MW) of electricity for the second quarter of this year.
14 Apr 2015
With the growing concerns about the Organisation of Petroleum Exporting Countries (OPEC) strategy of holding output steady amid plunging prices, the cartel may be divided ahead of its next meeting in June.
14 Apr 2015
Nigeria’s oil and gas production may soon receive a boost, courtesy CAMAC Energy Incorporation, following the completion of drilling operations on its Oyo-8 well in the offshore basin.
8 Apr 2015
The minister recently called for ledification of homes and streets. Do you think that is what the country needs right now? LED bulbs can be utilized in Nigeria in view of their advantage over the popular incandescent bulbs presently in use in Nigeria. Because LEDs are made from a solid material, they are much more durable than incandescent bulbs. Dropping or bashing an LED by accident is not as big a risk as it is with an incandescent light which will smash, rendering it inoperable and dangerous due to broken glass.
8 Apr 2015
OPEC non-crude liquids production, which averaged 6.4 million bpd in 2014, is expected to increase by less than 0.1 million bpd in both 2015 and 2016, led by increases in Qatar and Kuwait.
8 Apr 2015
Nigeria’s oil sector contributed approximately 8.97 per cent to real Gross Domestic Product (GDP) in the last quarter of 2014, according to National Bureau of Statistics.
8 Apr 2015
THERE are indications that the Shell Petroleum Development Company (SPDC) has begun the processes of reviewing some large gas projects onshore Nigeria.


25 mins ago
The Ogun Traffic Compliance and Enforcement Corps (TRACE) says it has commenced the filling of potholes in Sango-Ota and its environs to prevent road accidents in the area.
30 mins ago
Nigeria's Israel Adesanya cruised to the fourth title defence of his middleweight UFC belt against Jared Cannonier early on Sunday morning (Nigerian time) in a fight that sometimes looked one-sided. The fight ended in a unanimous decision with the judges scoring the bout 49-46, 49-46 and 50-45 for the Last Stylebender. Adesanya's last fight also…
31 mins ago
Former Zamfara Governor, Abdul’aziz Yari, has procured 370 cows for distribution to executives of the All Progressives Congress (APC), less privileged and vulnerable groups for the 2022 Eid-El-Kabir festival.
38 mins ago
Wuraola Ayeni Ogungbola is a food manufacturer, coach, mentor and entrepreneur. She is also a business consultant, who helps entrepreneurs navigate through avoidable mistakes to help them make better business decisions. The new author speaks on her almost two decades pursuing entrepreneurship and her ‘crazy idea’ to launch three books in one day. How did…
1 hour ago
David Akinfenwa The era of digitisation and technological development has enabled many African creative businesses - including fashion - to gain global visibility, reach a broader, more diverse audience and customer base, and various opportunities for more revenue.  According to the statistics published by the United Nations, digital technologies have advanced more rapidly than any…