The Nigerian National Petroleum Corporation (NNPC) has described as false, rumours of an imminent increase in the pump price of Premium Motor Spirit (PMS) otherwise called...
The Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja has recommended the privatisation of the country’s refineries. The NEITI Executive Secretary, Mrs Zainab Ahmed, made the recommendation...
The House of Representatives’ Ad- hoc Committee on Malabu Oil and Gas Limited has recommended that Shell Nigeria Ultra Deeps(SNUD) be censured by the House for...
The Group Managing Director of NNPC, Mr Andrew Yakubu, on Tuesday in Abuja said that kerosene was not sold at the official price of N50 per litre...
Commodity trading houses Glencore and Mercuria are among the shortlisted consortiums expected to make final bids on Nigerian energy assets worth around $3 billion that three...
Poor implementation of independent audit reports in oil and gas sector is hampering prudent management of the extractive sub-sector’s revenue, Mr Ledum Mitee has said. Mitee,...
Hopes of an early resolution of litigations over a $3.8 billion Egina oil platform project between the Lagos Deep Offshore Logistics (LADOL) and Samsung/Total appears dashed...
The Central Bank of Nigeria (CBN) has urged the Federal Government to monitor the utilisation of crude being managed by the Nigerian National Petroleum Corporation (NNPC)...
The Governor of the Central Bank of Nigeria (CBN), Mr. Sanusi Lamido Sanusi said yesterday described the kerosene subsidy claim by NNPC as a scam saying...
The Governor of the Central Bank of Nigeria (CBN), Mr. Sanusi Lamido Sanusi said yesterday described the kerosene subsidy claim by NNPC as a scam saying...
shellThe Shell Petroleum Development Company (SPDC) has continued to discharge more crude to the environment at Ikarama community in Bayelsa, impacted by an earlier spill. SPDC...
The contract awarded to Samsung Heavy Industry and Lagos Deep Offshore Logistics by Total for the development of a fabrication and integration yards for Egina and...
The $3.8 billion Egina Oil platform project has become a matter of litigation as the Lagos Deep Offshore Logistics (LADOL) has instituted legal action against Samsung...
THE Federal Government through two of agencies Nigerian Maritime Administration and Safety Agency (NIMASA) and the National Oil Spill Response and Emergency Agency (NOSREA) have slammed...
The Federal Government has concluded plans to raise the domestic price of natural gas to $1.5 per 1,000 standard cubic feet as it aims to ensure...