China has made a proposal to buy 6 billion barrels of Nigeria's crude oil reserves and Nigeria said on Wednesday it could sell stakes in its joint ventures with Western oil firms to help Beijing do so.

Kenya is expected to make major strides in the pursuit of clean fuels. Industry players will meet later this month in Nairobi to deliberate on the production and importation of low sulphur "clean" fuels ahead of next year's global deadline.

The revelation that foreign oil companies operating in the Niger Delta region of the country have not remitted to the Niger Delta Development Commission (NDDC) as much as $50 million or N7.55 billion being three per cent of the annual

Energy Minister Kiraitu Murungi is in Khartoum to discuss the possibility of Kenya importing cheap oil from Sudan.

This little joke graphically illustrates the metaphor of the Niger-Delta crises.

Three days to the deadline for militants in the Niger-Delta to lay down their arms and embrace the Presidential Amnesty granted by the Federal Government, President Umaru Yar'Adua yesterday received one of the key militants, leader of the Niger-Delta Vigilante

The Group Managing Director (GMD) of NNPC, Mr Mohammed Barkindo, has lauded the Nigerian Agip Oil Company (NAOC) for its commitment to eliminate gas flare and reduce carbon emission in Nigeria.

Today, Nigeria is 49 years old as an independent country. Like most post-colonial states, the federation embraced independence with a great deal of promise, hope and expectation. Most of these positive expectations have, unfortunately, been dashed, so much so that

As Nigeria marks her 49th independence anniversary today, the gloom of unfulfilled expectations is yet to lift. It is yet another painful reminder of a country's failure to optimally use its abundant human and natural resources.

There was no moon the night the armed men from the Murle tribe attacked the fishing village: it took place in complete darkness. Nyakong Both grabbed her two youngest boys and fled across the nearby river, as the men from

The Federal Government has said that the ongoing Central Bank of Nigeria (CBN) reform in the banking sector has no direct effect on the importation of petroleum products.

A delegation from Nairobi is in Khartoum to fine-tune an initial agreement for oil importation.

South Africans used 1.6 percent less power in August 2009 compared to the same month last year, Statistics South Africa (Stats SA) reported on Thursday.

Co-ordinator of the Coalition of Niger-Deltans in Diaspora (CONDIDIA), Rev. Jerry Odugala Eziomano, has described the amnesty move of the Federal Government as a fraud, adding that the citizens of the oil-producing region would seriously attack any form of oil

The Group Managing Director (GMD) of NNPC, Mr Mohammed Barkindo, has lauded the Nigerian Agip Oil Company (NAOC) for its commitment to eliminate gas flare and reduce carbon emission in Nigeria.

As Nigeria celebrated 49th independent anniversary yesterday, Governor Emmanuel Uduaghan of Delta State applauded the roles of the fallen fathers and other eminent Nigerians for contending with the scores of challenges to stand the test of time.

Power supply in the country has received a boost with about 507 mega watts of electricity from the three hydro power stations in Shiroro, Jebba and Kainji, raising current generation in the country to 2800 MW.

Oriental Energy Resources and Afrem Nigeria have said they anticipate six production wells to be drilled in the South East.A statement from the two energy companies said they have entered into a rig contract with Transocean for the Adriatic IX

A youth group 'LightUpNigeria' charged and encourage all Nigerians everywhere they are to speak out boldly about the incessant power problems in the country and demand more commitment from all levels of governance and from corporate organizations in the country

The people of Yaba Local Government Council are being cheated due to neglect and insincerity by Power Holding Company of Nigeria plc in providing services to them.