News

The Organisation of Petroleum Exporting Countries (OPEC) is upbeat at the prospect of the Dangote Oil Refinery serving to drive world crude oil refining capacity increase especially in Africa by 2020. The organisation in the current…
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Golden Energy Offshore (GEO) said that the Energy Scout PSV had entered into a spot contract with Shell Nigeria Exploration and Production Company (SNEPCO) on January 19, 2019. According to the company, the Energy Scout vessel remained…
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With the country losing over N995.2 billion annually due to oil theft, the economy is doomed, New Nigeria Foundation (NNF), a nongovernmental organisation has said. Addressing participants at the advocacy programme for media…
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...Targets 70,000 meters monthly -By Yange Ikyaa In actualization of the directive by the Nigerian Electricity Regulatory Commission (NERC) on the rollout of meters by May 1, the Chairman, Momas Electricity Meter…
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President Muhammadu Buhari on Thursday spoke of a growing trade partnership between Nigeria and India. He stated that India had lately become the country’s biggest trade partner, especially in crude oil sales. Buhari was speaking at…
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There are indications that modular and conventional refinery projects are in hard times, as licenses of 17 of the refineries licensed expired without much efforts by their promoters to establish them. Vanguard investigations show that…
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-By Yange Ikyaa The Magistrate court of Igbosere in Lagos State has sentenced 28-year-old Timothy Jacob to 6 months imprisonment on a three-count charge of conspiracy, willful and unlawful damage and attempted theft of armored…
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…Abolishes decanting of gas in shops The Department of Petroleum Resources, DPR, has tasked Liquefied Petroleum Gas, LPG, stakeholders to key into the aspirations of the Federal Government to make LPG accessible to users across the…
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The Nigerian National Petroleum Corporation (NNPC) has confirmed that the actual historical amount spent on the Brass LNG project from inception till date was about $1.2 billion against the allegations that it has gulped $22 billion. …
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Delivering its judgement on Thursday, the three-man panel chaired by Danladi Umar therefore removed him from the office as Chief Justice of Nigeria and Chairman of National Judicial Council (NJC) The Code of Conduct Tribunal (CCT) has…
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