Mechanical engineering students in Ghana and the United States are designing and building inexpensive solar-powered water heaters made with tire inner tubes, rubber sheets and other locally available African materials.

Nigeria's crude oil export to the United States will leap to 25 per cent by 2015. The Minister of Foreign Affairs, Chief Ojo Maduekwe, made the revelation while delivering a speech at the Southern Center for International Studies, Atlanta, Georgia,

Africa oil and energy pool has reported a premium income of $9,694,545 in the financial year ended December 31, 2007.

The four teen Filipinos arrested by the Joint Task Force sometime in July for alleged involvement in oil bunkering have been handed over to the Economic and Financial Crimes Commission for further investigation and prosecution.

The Federal Government yesterday said it had not yet decided to reduce fuel price, following the falling price of crude oil in the international market and that it would try and recover a little of its subsidy cost on the

THE Federal Reserve cut the main US interest rate to "a target range" of between zero and 0,25% last night, and said it would do whatever was necessary to ease the longest recession in a quarter-century.

THE privatisation state minister, Rukia Chekamondo, has asked the Government to extend electricity to Bukwo district.

As result of the incessant attacks on their facilities and personnel, international oil companies (IOC) operating in the Niger Delta region of Nigeria on Tuesday, threatened to pull out of the country if their security is not guaranteed.

INTERNATIONAL Oil Companies (IOC) operating in Nigeria said yesterday that if cases of insecurity should continue in the oil and gas producing zones, they may be forced to stop the production and supply of gas, just as they urged the

The House of Representatives Committee on Gas has raised an alarm that the dream of Nigeria become a mirage unless something tangible was done to restore law and order and stamp out criminality in the Niger Delta.

The Power Holding Company of Nigeria(PHCN) has asked the Nigeria Electricity Regulatory Commission(NERC)Tribunal to decline jurisdiction in the suit filed by Lagos State Government, alleging a breach of N12 billion Barge Power Purchase Agreement (BPPA) against the power company.

The Federal Government yesterday maintained that it had no immediate plans to review downward the pump price of petroleum products following the crashing price of crude oil in the international market.

Former Secretary to the Government of the Federation and ministerial nominee, Chief Ufot Joseph Ekaete has indicted former president Chief Olusegun Obasanjo over the protracted crisis in the Niger-Delta Region, stressing that the former president did not do much to

Efforts to expand electricity supply to all part of Ginda sub-zone, previously confined to limited areas, are bearing fruitful outcome, according to Mr. Mehreteab Tesfazgi, head of the Eritrean Electricity Corporation office in the sub-zone.

The NNPC recently announced that it will soon commence oil exploration in the Chad Basin, which is believed to hold huge deposits of commercially viable crude oil and gas. What do you think are the prospects for the North?

The first drop in world oil demand in 25 years will drastically affect the need for OPEC crude next year, 2009, the producer group said yesterday, opening the door for a massive cut in production when it meets in Algeria

Nigeria needs 50,000 megawatts of power generation in order to achieve Vision 2020, the Association of National Accountants of Nigeria has said.

There are strong indications that the euphoria of achieving 6000 Megawatts of electricity by the end of 2009 is under threat, as independent power projects nationwide are presently at a standstill.

President Umaru Musa Yar'Adua has commended the Japanese Government in complementing Nigeria 's effort in electrifying the rural areas, especially those in relatively difficult and inaccessible terrain.

Federal Inland Revenue Service (FIRS) yesterday said no Chevron tax money was diverted by the organisation.