The Nigerian National Petroleum Corporation (NNPC) Wednesday confirmed the cancellation of crude oil swap contracts as well as Offshore Processing Contracts (OPA), which the corporation entered...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Emmanuel Kachikwu, on Thursday, canvassed for speedy deregulation of the nation’s oil and gas industry. Kachikwu made...
The Emir of Kano, Malam Muhammadu Sanusi II, on Thursday said that stopping oil subsidy would go a long way in stopping corruption in the country....
The crash in the global price of crude oil has impacted negatively on the performance of the oil and gas sector in the nation’s capital market...
The Management of the Nigerian National Petroleum Corporation (NNPC) has appointed four new Group Executive Directors to man the four new directorates that have been approved...
The Federal Government has appointed Mr Mordecai Danteni Ladan, to oversee the activities of the Department of Petroleum Resources (DPR), a statement posted on the website...
Depot owners and Petroleum Products Marketers Association (DAPPMA) on Wednesday expressed worries over what they called outstanding N291 billion subsidy claims to marketers. Mr Olufemi Adewole,...
Oil companies in Nigeria are to undergo a new licensing round, as the Federal Government yesterday, stated that it plans to separate gas leases from oil...
Nigerian Extractive Industry Transparency Initiative, NEITI, Monday, indicted the Federal Government for the high rate of corruption in the hydrocarbon sector of the Nigerian economy. Speaking...
Oil eased toward $66 a barrel yesterday after reaching a 2015 high, as ample current supplies and weak Chinese factory activity countered expectations of a tighter...
The forensic audit conducted by PWC on NNPC to ascertain the veracity of the alleged missing $20 billion from the Federation account is generating furor and...
Major oil marketers have warned that fuel scarcity may linger for a while as the federal government has not paid what it owes marketers who imported...
The Federal Government, yesterday, cut down the importation of premium motor spirit, also called petrol, by 50 per cent for the period April to June 2015....
In its determination to deepen the development of the renewable energy, the African Development Bank, AFDB, has offered to provide a support to the tune of...
Federal government of Nigeria has reduced electricity tariff by over 50% with just days to the presidential elections, which is expected to be keenly contested between...