Russia’s Energy Minister, Alexander Novak, has unveiled his country’s interest to explore Nigeria’s oil and gas industry, saying that preliminary technical talks will commence as soon as possible between the two countries.

The Nigerian Content Development and Monitoring Board (NCDMB), and the Nigerian Liquefied Natural Gas Company (NLNG), have signed a Service Level Agreement (SLA), committing to compliance...

Beneficiaries of the Shell Petroleum Development Company (SPDC) Joint Venture (JV) undergraduate scholarship, who have consistently earned excellent grades, have been inducted...

The Federal Government has assured that the N701-billion Payment Assurance Scheme will resolve the financing bottlenecks that have constrained the operations of Nigeria’s gas suppliers and power generation companies.

Benin Electricity Distribution Plc (BEDC) has urged Ondo State to create industrial layout for energy concentration to enable it boost economic activities, even as it promised to restore power supply to six Akoko communities.....

Neconde Energy Limited, the Exploration and Production subsidiary of the Obijackson Group, said it is targeting 70,000 barrels per day (bpd) output from its oil mining lease, OML 42 located in the West Delta. 

Eko Electricity Distribution Company Plc (EKEDC), has said that customers under its network are yet to pay over N2.4 billion, which was part of the electricity consumed in April 2017.

Italian oil company, Eni, has launched production from the Integrated Oil & Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in less than three years ahead of schedule, reaching another record time-to-market.

Organisation of the Petroleum Exporting Countries (OPEC), continued to reduce production in April, but output from Africa’s top exporter - Nigeria, increased by 273,600 barrels per day (bpd).

Ambode who made this declaration , noted that the exploration of crude oil in Lagos would effectively complement oil exploration activities in other parts of the country.

General Electric (GE) has said that it would be assisting the Federal Government in the revitalisation of the country’s ailing refineries.

The Managing Director of the company, Frank Edozie, disclosed this during an interactive session with journalists in Lagos while cautioning PENGASSAN over its plans to picket the company.