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Author
abubakar saidu
New SOAN Executives to harness opportunities in Nigeria’s $300bn blue economy
Sonny Eja, the newly inaugurated president of the Ship Owners Association of Nigeria (SOAN), said the association under his leadership will focus on!-->!-->!-->!-->!-->…
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Brent Crude Hits $88.42, WTI Climbs to $83.36 on Dollar Index Dip
Oil prices surged as Brent crude oil appreciated to $88.42 a barrel while U.S. West Texas Intermediate (WTI) crude climbed to $83.36 a barrel.
The uptick in prices comes as the U.S. dollar index dipped to its lowest level in over a!-->!-->!-->!-->!-->…
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Platform Petroleum To Showcase Nigeria’s Marginal Field Opportunities
Nigeria’s Platform Petroleum will participate as a Bronze Sponsor of the Invest in African Energy (IAE) 2024 forum in Paris, as the indigenous operator seeks new capital and technologies to further develop Nigeria’s marginal!-->!-->!-->…
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If Oil Disappeared Tomorrow…. By HE Haitham Al Ghais, OPEC Secretary General
If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded.
Airplanes powered by jet fuel would be grounded. Freight!-->!-->!-->!-->!-->…
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Nigeria Eyes Fresh $10bn Investment In 0il & Gas Sector
The Federal Government is aiming to attract about $10bn worth of investment through the signing of the consolidated guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector.
The guidelines, a cornerstone!-->!-->!-->!-->!-->…
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What state electricity markets mean for Nigeria’s power sector
The new development that empowers states to generate, transmit and distribute electricity in areas covered by the national grid can improve electricity access across the country and promote rapid industrialisation, analysts say.
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OPEC Daily Basket Price At $89.64 A Barrel (Wednesday)
The Organisation of Petroleum Countries (OPEC) of which Nigeria is a member, has said that its daily basket price of oil price stood at $89.64 A Barrel as at last Wednesday.
The price of OPEC basket of twelve crudes stood at $89.64!-->!-->!-->!-->!-->…
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Former NCDMB Boss, Wabote, Dismisses Minister’s Allegations as Reckless and Bundles of Lies
By William Emmanuel Ukpoju
In a strongly-worded statement, former Executive Secretary of the Nigerian Content Monitoring and Development Board (NCDMB), Simbi Wabote, has dismissed allegations made by Minister of State for Petroleum!-->!-->!-->!-->!-->…
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Dangote Slashes Diesel, Aviation Fuel Prices to N940, N980, Respectively
By Ese Ufuoma
Dangote Petroleum Refinery has disclosed substantial price reductions for diesel and aviation fuel. Diesel now stands at N940 per litre, while aviation fuel is priced at N980 per litre.
This latest move follows!-->!-->!-->!-->!-->!-->!-->…
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Subsidy Saga: Is Fuel Subsidy Really Gone?
Asks Adaobi Rhema Oguejiofor
The Federal Government has remained adamant and insistent that fuel subsidy has been removed, faulting the likes of the Former Kaduna State governor, Nasir El-Rufai, and the Independent Oil Marketers!-->!-->!-->!-->!-->…
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