Angola's contention for the position of Africa's leading petroleum resource producer gained more points weekend when the country's reserves capacity received a boost with a deepwater hit.

Revenue received by the Federal Government from crude oil was N148.98 billion or 29.82 per cent short of the budgeted estimate of N449.98 billion in the second quarter-ended June, 2009.

The GSMA's Green Power for Mobile (GPM) programme estimates there are 485 million mobile users without access to the electricity grid, a factor which severely limits usage opportunities. The report identifies a range of charging choices available that, if implemented

Nigeria has set its sights on making multibillion-dollar oil deals with China amid peace moves with militants.

Over 150,000 Niger Delta youths are to be employed following the approval by the Federal Government for the host communities to take over pipeline surveillance.

Indications have emerged that major oil companies operating in the country have begun fresh moves to frustrate the Petroleum Industry Bill (PIB) currently before the National Assembly.

LiberiaTGS confirmed the start up of its next phase of regional multi-client 3D seismic acquisition in offshore Liberia.

HWANGE Colliery Company Limited's coal reserves suitable for electricity generation from the dragline pits will be exhausted in the next three years.

The West African Power Pool (WAPP) can catalyse the supply of electricity to 90% of Ghanaians, Ing. Kirk Koffi, WAPP's Local Organizing Committee Chairman, has said.

The question of who buys Kosmos Energy's stake in Ghana's Jubilee Field won't be answered for a little while as the jostling for the shares, valued at anywhere between US$3.1BN and US$3.7 BN assumes new twists and turns by the

The managing director of Niger Delta Development Commission NDDC, Mr. Chibuzor Ugwuoha has accused a section of oil multinational companies doing business within the nine-state NDDC region of denial of counterpart funding in agreed development projects.

Federal government's insistence on full deregulation of the downstream domestic oil industry and the vow by organized labour to resist the move stoke fears that this year's yuletide season might be fraught with social unrest.

Ten years after increased business opportunities for indigenous oil firms to participate in the petroleum industry, spirited efforts in mustering the required capacity to cover the grounds yielded by crumbling state monopoly have distinguished players in the industry according to

Federal government may finally round off its peace moves in the Niger Delta by ceding 10 percent interest in joint venture firms which are to be incorporated to the Niger Delta communities.

The House of Representatives yesterday said it will conduct investigations into the allegations of corruption involving a cartel operating in the Nigerian National Petroleum Corporation (NNPC) and the Pipeline Products Marketing Company (PPMC).

Major and Independent Petroleum Products marketers have called on the Federal Government to utilise the budget for fuel importation by the Nigerian National Petroleum Corporation (NNPC) for the payment of subsidy arrears owed them by the Petroleum Products Pricing Regulatory

The Nigeria Labour Congress (NLC) has said that the insistence of the Federal Government to go ahead with its plan to deregulate the oil sector, despite protests by Nigerians, smacks of insensitivity and should be regarded as an affront to

An agreement has been signed between the Federal Capital Territory Administration (FCTA) and Karkara Rapid Development Limited (KRD) for the establishment of the Abuja waste-to energy facility yesterday.

A procession tagged as "mother and father of all protest rallies" is due to hold tomorrow in Abuja to kick against the decision of the Federal Government to remove fuel subsidies through the deregulation of the downstream petroleum sector.

The Rural Electrification Agency (REA) was established under section 88(1) of the Electricity Power Sector Reform (EPSR) Act, 2005. It started operation on 16th March, 2006 after the inauguration of a pioneer board and management team.