The Federal Government on Friday said it had concluded plans to launch a National Policy on Renewable Energy and Energy Efficiency to…
Oil and Gas
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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…
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Operators in the manufacturing and power sectors are currently groaning under the severe gas shortage and its impact on their production. A…
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Nigeria has earned over $50 billion as proceeds from exportation of liquefied natural gas in the last 15 years, the Managing Director…
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International Monetary Fund IMF, Executive Board, has urged the Federal Government to take strong action to address oil theft and production losses.…
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Brent oil was above $109 a barrel on Wednesday after a fall in stockpiles at the Cushing delivery point for U.S. crude…
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The Nigerian National Petroleum Corporation (NNPC) has described as false, rumours of an imminent increase in the pump price of Premium Motor…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja has recommended the privatisation of the country’s refineries. The NEITI Executive Secretary, Mrs…
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EconomyNewsOil and Gas
Reps want Shell censured over alleged lack of transparency on oil block OPL 245
The House of Representatives’ Ad- hoc Committee on Malabu Oil and Gas Limited has recommended that Shell Nigeria Ultra Deeps(SNUD) be censured…
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The Group Managing Director of NNPC, Mr Andrew Yakubu, on Tuesday in Abuja said that kerosene was not sold at the official price…
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Commodity trading houses Glencore and Mercuria are among the shortlisted consortiums expected to make final bids on Nigerian energy assets worth around…