Axxela receives positive credit rating

Axxela Limited, sub-Saharan Africa’s power company has been assigned national scale issuer ratings of BBB+ (NG) and A2 (NG) in the long term and...

IPMAN western zone urges members to abide with N140 pump price reduction

The South West Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to members to abide by the presidential directive to...

Total says Sanctity of contracts, lower production cost will attract investments in energy...

In order to ensure huge investments in the Nigerian petroleum industry, the Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz,...

Nigeria to reclaim undeveloped oil fields from multinational oil firms

Worried about the high level of undeveloped oil fields in the country, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has disclosed...

NNPC should extend oil exploration to six basins-Buhari

The Nigerian National Petroleum Corporation (NNPC) has been directed by the federal government  to extend its crude oil exploration to six basins in the...
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