oil importers say Ghana’s government quietly reintroduced fuel subsidies in April, and has spent about $85 million since then in extra payments,…
Category:
Oil and Gas
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The Nigeria Liquefied Natural Gas (NLNG) Ltd., on Friday, signed N2 billion Memorandum of Agreement (MoA) with six Nigerian universities to develop…
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BusinessEconomyNewsOil and Gas
NEITI, CSOs sign MoU to recover debts from multi-national oil companies
The Nigeria Extractive Industries Transparency Initiative, NEITI has signed a Memorandum of Understanding, MoU, with the Civil Society Organisations, CSOs, aimed to…
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Brent crude oil rose above 109 dollars a barrel yesterday as U.S. jobs figures pointed to healthy economic growth, other data and…
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The Senate Committee on Finance which investigated the NNPC over allegations of fraud leveled against it by the suspended Governor of the…
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The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, says the Federal Government has concluded plans to build a super…
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The Nigerian Electricity Regulatory Commission (NERC) has in Abuja inaugurated committees to handle electricity supply complaints in its Benin, Jos and Yola…
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Lagos State Government said the state would require nothing less than 5,000 megawatts (mw) of electricity to attain power stability. Mr Taofeek…
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… As Total reviews Ofon 2 from $2.85bn to $6.63bn There is no better demonstration of how Nigerians suffer unduly on account…
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The Federal Government on Friday said it had concluded plans to launch a National Policy on Renewable Energy and Energy Efficiency to…
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Caverton, a provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, makes history as…
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EconomyFinanceNewsOil and Gas
Nigeria to unravel $20 bn missing fund in 16 weeks, China announces $30 billion China-Africa Fund
—-African governments should work harder to reduce inequality —-African leaders reaffirmed commitment to transforming agriculture —- African leaders to seek agricultural funds…
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Nigeria has granted licences to 40 companies to import around 1.85 million tonnes of gasoline by the end of June, Nigerian National…
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The Executive Secretary of Nigeria Extractive Industries Transparency Initiative, NEITI, has recanted its earlier position that it uncovered $22.8 billion un remitted…
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Arc Marine and Oilfield Services Limited, a subsidiary of Arco Petrochemical Engineering Company Plc has called on the Federal Government to step…