olusola.bello
Siemens to build 500mw power plant for Proton Energy
Siemens, a global technology leader has signed a cooperation agreement with Proton…
Nigerian crude stays listless at int’l market as demand dries up for July
Nigerian crude oil may be experiencing more troubles in the international market,…
NNPC denies knowledge of Chevron’s plan to sell oil blocks
The Nigerian National Petroleum Corporation (NNPC) has said it was not officially…
FG begins privatisation of 10 power plants
The Federal Government’s 10 independent power plants built by the Niger Delta…
Nigeria’s oil contract cycle costs operators up to $700m annually
The pervasive influence of Government in the oil industry is leading to…
Nigeria loses $100bn in four years to non-investment in oil and gas
Nigeria’s failure to invest in the upstream sector of the petroleum industry…
Subsidy payment drops to N1.1trn from N2.09trn
It is no mean achievement that the cost of subsidy payment dropped…
Cummins invests N395bn in captive power plants
Cummins Incorporated is investing about N395 billion($250 million) in power related investments…