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In the aftermath of a United States House of Representatives Committee approval of a bill that would open up the Organization of the Petroleum Exporting Countries (OPEC) to antitrust lawsuits, it’s Secretary-General, Sanusi Barkindo, on…
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Shell, others lament $2.1bn hike in operating cost Nigeria, Africa’s biggest crude exporter, has suffered an average of 40 per cent capital flight in deepwater oil project’s execution, New Telegraph has learnt. Shell and other…
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Bans waivers, commences clampdown on foreign vesselsNNPC’s Refineries record N137.5bn operational losses Nigerians may experience scarcity of Liquefied Petroleum Gas (LPG), better known as cooking gas, following the detention of…
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When Ayuba Wabba, the President of the Nigeria Labour Congress (NLC), at the opening ceremony of the NLC 12th Delegates Conference held at the International Conference Centre, Abuja, threatened to shut down any government that intends…
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This may not be the best of times for Nigeria’s downstream sub-sector of the petroleum industry as signals emanating there from appear gloomy thus sending shivers down the spines of stakeholders. First to give an inkling of…
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The Technical Adviser to the President of Dangote Group on Refinery and Petrochemicals, Mr Babajide Soyode, has said the Federal Government should stop subsidising Premium Motor Spirit (petrol). Soyode said the completion of Dangote…
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Nigeria and other African countries would soon heave a sigh of relief from the sloppy economic situation occasioned by price instability with the imminent completion of the Dangote Refinery and other modular refineries in Nigeria. …
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The 42nd President of the United States of America, Bill Clinton; and Secretary-General of the Commonwealth, Baroness Patricia Scotland, have been named dignitaries for the goodwill messages at the signing of the National Peace Accord. …
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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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