News

Nigerian Content Development and Monitoring Board (NCDMB) has signed equity investment agreements with Duport Midstream Company. The agreement will see the establishment of an energy park in Egbokor, in the country’s midwest and Eraskon…
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Widespread agitations for review of the 2004 power sector privatization in Nigeria may have fallen on its face following the assertive declaration last weekend by the chairman of the Senate Committee on Power, Gabriel Suswan, the deed…
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…Collaboration among stakeholders should be imbibed …Research and Development: key to industry reforms …Friendly fiscal framework for investors by the government The perturbation of every stakeholder in Nigeria oil and gas…
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The Economic and Financial Crimes Commission, EFCC, at the weekend, secured the conviction and sentence of two oil thieves, Oghenovo Emmanuel and Abdullahi Hassan Bika to five years imprisonment, before Justice M. L. Abubakar of the…
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Senator representing Oyo Central at the National Assembly, Oloye Teslim Folarin, on Sunday revealed the rationale behind the invitation of the Minister of Transportation, Mr. Rotimi Amaechi, Minister of state for petroleum, Timipre Sylva…
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Scores of illegal refineries where stolen crude oil is suspected to be refined in the creeks of the Niger Delta have been uncovered and destroyed by troops of the Operation Delta Safe in a renewed offensive against crude oil thieves. No…
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*Omo-Agege Calls for outright cancellation, describes PPA with Azura as “another P&ID in our hands The Senate has called for a review of the Power Purchase Agreement (PPA) between the Federal Government and Azura Power Plant,…
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Nigerian Electricity Regulatory Commission (NERC) has ordered the power Distribution Companies (DisCos) to discontinue from directly connecting power users’ facilities to 33 kilovolts (KV) lines. The order comes to them despite a ban by…
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A new report from the Oxford Institute for Energy Studies (OIES), has stated that the margin for exporting oil products remain negative, and could remain so for the duration of 2020, even with glut in the Liquefied Natural Gas (LNG)…
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Nigeria’s petroleum regulatory institution, Department of Petroleum Resources (DPR) in Bauchi, has cautioned retailers against circulation of substandard Base Oil (Lubricant) products. Mr Abdullahi Iliyasu, the Controller Operations of…
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