Sweet Crude

Wike: The other side of a fighter, by Donu Kogbara

Wike: The other side of a fighter, by Donu Kogbara

I went home to Rivers State last weekend to participate in a celebration and Anglican thanksgiving service. They were hosted in Koroma, Tai Local Government Area, by Senator Barinada Mpigi, a fellow Ogoni and friend. And the special guests of honour were Chief Godswill Akpabio, the Senate President, and Chief Nyesom Wike, our former governor […]
Visible Articles 5 10 15
Electricity: Power Africa close to connecting 60m Nigerians, others by 2030

Electricity: Power Africa close to connecting 60m Nigerians, others by 2030

THE Power Africa initiative has continued to lay the foundation for sustainable economic growth in Nigeria and other African countries, as it makes progress towards its goals of increasing installed generation capacity by 30,000MW and adding 60 million new electricity connections by 2030.

NIPCO breaks monopoly in cooking gas business

NIPCO breaks monopoly in cooking gas business

THE Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) said that the entry of Nigerian Independent Petroleum Company (NIPCO) into the cooking gas market has broken the monopoly of International Oil Companies (IOCs) through their affiliates in Nigeria.

ExxonMobil explains $3.4 bn earnings in 2Q 2017

ExxonMobil explains $3.4 bn earnings in 2Q 2017

Exxon Mobil Corporation estimated second quarter 2017 earnings of $3.4 billion, or $0.78 per diluted share, compared with $1.7 billion a year earlier, as oil and gas realizations increased and refining margins improved.

NNPC’s UK subsidiary in belated financial statement

NNPC’s UK subsidiary in belated financial statement

In a belated financial statement, Duke Oil Services (United Kingdom) Limited, an offshore subsidiary of the Nigerian National Petroleum Corporation, NNPC, posted a revenue of £844,015, about N337.606 million, for its 2015 financial year.