Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros, $28.7 billion, amid…
Category:
Oil and Gas
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The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will consider a request for the supply of fuel to fishermen…
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The Nigerian Extractive Industries Transparency Initiative has said that the sector is owing the federal government about $6.8 billion. Dr Ogbonnaya Orji,…
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Germany took control of a major Russian-owned oil refinery on Friday, risking retaliation from Moscow as Berlin strives to shore up energy…
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Nigeria National Petroleum Company, NNPC, Limited will on Thursday sign a Memorandum of Understanding, MoU, with the Office National des Hydrocarbures et des…
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Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use…
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Germans could overload their power grid as they switch to inefficient electric heaters in an attempt to avoid gas shortages this winter,…
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Central African countries signed a deal on Thursday to create a regional oil and gas pipeline network and hub infrastructures which backers…
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NewsOil and Gas
NSCDC destroys 71 illegal refineries, arrests 501 oil thieves, secures 49 convictions in 8 months
The Nigerian Security and Civil Defence Corps NSCDC has said it has arrested no fewer than 501 suspected vandals and oil thieves…
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Nigeria will be able to send more liquefied natural gas (LNG) to Europe by next winter, Oil Minister Timipre Sylva said on…
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The Federal Government has dissolved all the anti-vandal units of the Nigeria Security and Civil Defence Corps NSCDC guarding oil pipelines in…
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Members of the Borno branch of the Independent Petroleum Marketing Association of Nigeria IPMAN, began a three-day warning strike on Monday to…
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Shell Petroleum Development Company ( SPDC) has said that it is studying a report of an oil spill from its facility in…
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Russia does not support an oil production cut at this time and it is likely OPEC+ will keep its output steady when…
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Nigerian Content Development and Monitoring Board, NCDMB, yesterday, expressed commitment towards achieving sustainable industrialisation in Nigeria. The NCDMB aims at achieving this…