News

The Federal Government has forced oil companies operating in Nigeria to cough out the princely sum of N1.2 trillion in royalty arrears. The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, stated this on Monday in Lagos at…
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Amidst fears that oil price benchmark for 2019 budget may fail the test of prudence following stalemate in commodity price rally since this year, the Special Adviser to the President on Economic Matters, Dr. Adeyemi Dipeolu, has said that…
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday unveiled computerised crude oil and Liquefied Natural Gas (LNG) tracking, automatic downstream system and other automation initiatives. Speaking in Lagos…
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The sleepy town of Ebedei community, Ukwuani local government area, Delta state came alive during the commissioning of Egbaoma gas processing plant by the Group Managing Director , Nigerian National Petroleum Corporation, NNPC, Dr…
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Judges in The Hague, Netherlands will begin hearing a case against Shell on Tuesday, with the oil company facing allegations of complicity in a number of human rights violations in Nigeria. They will hear testimonies from four women…
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Thirty-four piracy and 20 sea robbery attacks were recorded in the nation’s maritime domain last year, the Nigerian Navy (NN) said on Monday. Also 46 vessels, barges and 31 big wooden boats were impounded within the period under…
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Former US President Bill Clinton has canceled his trip to Nigeria ahead of Saturday's general elections, saying the visit could be "politicized." Clinton was scheduled to visit the capital, Abuja, this week alongside Baroness…
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The management of Nestoil has said collaboration among local oil companies in the country will transform them into regional powerhouses capable of harmonising the economies of the West African region with the whole of Africa’s. …
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The Rural Electrification Agency (REA) is supporting 80,000 shops across the country with off-grid electricity in 2019. This happens as the Power, Works and Housing Minister, Babatunde Raji Fashola, said the Federal Government…
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The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru Saturday inaugurated Egbaoma Gas Processing Plant (EGPP), which cost a whopping sum of $60 million. With the inauguration, Baru assured…
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