ExxonMobil makes breakthrough in biofuel technology

J. Craig Venter, the scientist who mapped the human genome, just helped Exxon Mobil Corp. strike a balance of keeping algae fat enough to...

Suspected oil bunkerers return to oil pipelines In Lagos

There is palpable fear that large scale oil theft could be triggered in the country by the return of some suspected petrol thieves posing...

Only 2 NNPC subsidiary companies are profitable – BudgIT

A recent report by BudgIt, a research and business intelligence firm, has revealed that only two of the 11 subsidiaries of the Nigerian National...

Nipco launches $16m offer for Mobil Oil shares to take stake to 70%

Nipco Plc has launched a 4.84 billion naira ($16 mln) offer for the shares it needs to take its stake in Mobil Oil to...

Nigerian startup Tizeti uses solar to bring affordable wi-fi to Nigerians

Tizeti, a Nigerian technology start up company which is attempting to bring affordable and reliable wifi internet to Lagos, before moving across the country...

NNPC repays N450bn debt owed to FG

The Nigerian National Petroleum Corporation (NNPC), said it has repaid its N450 billion indebtedness to the Federal Government, Vanguard reports. The NNPC in its April...

Portugal to receive Nigerian LNG cargo on June 26th

REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria, LNG World News reports. The cargo...

NNPC prioritizes security of onshore, shallow waters assets to maintain oil production

The Nigerian National Petroleum Corporation (NNPC) Wednesday disclosed that it has prioritized security over oil assets located in Nigeria’s onshore and shallow waters, to...

NNPC sustains losses with N39.3bn deficit in April

The monthly financial losses of the Nigerian National Petroleum Corporation since the beginning of this year continued in the month of April, The Punch...

NBET to receive second batch of N701bn lifeline soon

Acting President Yemi Osinbajo on Tuesday said the Federal Government would soon release a second batch of the N701bn intervention fund to the Nigeria...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...