Buhari Tasks Private Sector On Economic Recovery
President Muhammadu Buhari, yesterday tasked the private sector operators to take the lead in the efforts at resuscitating the nation’s […]
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Crude Oil Slumps One Day After OPEC Deal to Cut Output
Despite the decision of the Organisation of Petroleum Exporting Countries (OPEC) to cut crude oil production by 200,000-700,000 barrels per
Militants Blast NNPC Pipeline in Fresh Attack
A militant group called the Niger Delta Greenland Justice Mandate on Thursday claimed an attack on a crude pipeline in
NNPC Pledges to Promote Gas Development
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has said the corporation will ensure the
Fresh Concerns Over Importation Of Toxic Fuel Into Nigeria
The challenges bedevilling the Nigeria’s petroleum industry took a new twist last week Thursday with the report from Public Eye
IFC Partners with DFID to Accelerate Solar Power
International Finance Corporation (IFC), a member of the World Bank Group has announced its partnership with the DFID, aimed at
Oil Exports to Rise By .5 Million Barrels Per Day After Pipeline Repairs
The completion of repairs of sabotaged oil facilities is set to help push up Nigeria’s crude oil exports by 575,000
Discourage Full Deregulation of Downstream – Expert to FG
Against clamour from both major marketers and independent marketers for full deregulation of the petroleum industry, expert in the industry
FG Targets $10 Billion Earnings From Sale of Oil Assets
The governor of Central Bank of Nigeria, Godwin Emefiele, has disclosed that the country will soon commence the sale of
Federal Government Sues Agip and Total for $635m
The Federal Government is demanding $635 million from two multinational oil companies, Agip and Total, for undeclared crude oil shipped