OIL & GAS
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Discos hike electricity tariff secretly, consumers kick
Electricity distribution companies have quietly increased the tariff payable by power consumers across the country. Although most of the Discos…
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EFCC recovers N13bn illegal fuel subsidy payments
The Economic and Financial Crimes Commission recovered about N13bn as proceeds of illegal payments made under the subsidy regime between…
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Six million meters for deployment before June – FG
Six million meters are to be deployed nationwide in the first and second quarters of this year to reduce the…
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Reps begin $2.4bn oil revenue loss probe
The House of Representatives ad hoc committee investigating the alleged loss of over $2.4bn revenue to illegal sale of…
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Reps halt proposed auction of $1bn oil assets
The House of Representatives has asked the Federal Government, through the Nigerian Petroleum Development Company, to suspend the planned…
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Dangote, other African refineries require 1.7m bpd of crude oil
As the push from fossil fuels continues in the developed countries with reduced buyers for Nigeria and other African crude,…
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Stakeholders seek collaboration on energy sustainability in Africa
•Mull Knowledge sharing amidst concerns of brain drain The United Nations Educational, Scientific and Cultural Organisation (UNESCO) Chair in Energy…
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IMF warns Nigeria over dwindling oil revenue
The International Monetary Fund has warned Nigeria and other oil-producing countries in Sub-Saharan Africa to expect dwindling oil revenues in…
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REA urges states to invest in power
The Federal Government has appealed to state governments to be proactive by investing in power to provide their citizens’ homes…
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Sub-Saharan Africa’s Oil Producers Need Annual Fiscal Surpluses -IMF
The International Monetary Fund (IMF) has asked oil producers in Sub-Saharan Africa (SSA) to maintain annual fiscal surpluses of…
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NLNG Scribe Emerges New NGA Boss For 2023-2024
The General Counsel and Company Secretary of Nigeria LNG Limited, Mr. Aka Nwokedi has emerged as President-Elect of the Nigerian…
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Nigeria Companies Use Barite For Industrial Production – Ginah
Answering questions from journalists at the side line of the one-day capacity building workshop for journalists in Lagos with the…
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Govs, FG agree on NIPPS sale to fund budgets
The Federal Government and the 36 state governors have finally agreed to sell five power plants under the National Integrated…
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Oil firms will return to full production – FG
The Federal Government, on Tuesday, said it was working to ensure that all local and international oil companies returned…
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Lingering FIDs drag oil, gas sector as local operators access $293m in 5yrs
The Nigerian Content Development Monitoring Board (NCDMB) yesterday, reiterated the need for the government to take decisive actions on some…
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Marketers bank on P’Harcourt refinery to crash prices
The Port Harcourt Refining Company in Rivers State is to start operations this month and this is going to warrant…
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Canada To Host World Petroleum Congress In 2023
The Canadian Organizing Committee for the 24th World Petroleum Congress (“OCAN”) is pleased to announce numerous milestones ahead of…
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‘It is criminal for Africans to abandon Oil & Gas’
The Equatorial Guinea Minister of Mines and Hydrocarbons, and 2023 OPEC President, Gabriel Mbaga Obiang Lima has reiterated that…
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210 Youths Graduate From NLNG Scheme In Rivers
The Nigeria LNG Limited, NLNG, on Monday graduated 210 youths trained and empowered in various skills, as part of…
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NCDMB Boss Commissions PETAN Secretariat In Port Harcourt
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote on Friday commissioned the…
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