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The Nigerian National Petroleum Corporation (NNPC) has finally admitted that the debts owed international oil traders as a major factor in the ongoing fuel scarcity across the country.In a statement released on Sunday, NNPC…
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By William Emmanuel UkpojuIn a significant stride towards sustainable development and energy access, the European Union (EU) has embarked on a transformative project in Obudu, Cross River State, Nigeria. Led by Inga Stefanowicz,…
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The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments and agencies (MDAs), as captured in the latest evaluative assessment by…
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In a move to deepen cleaner energy use in the country, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, in collaboration with the Decade of Gas Initiative on Monday flagged off the distribution of free cooking gas…
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Group Managing Director (GMD) of UTM Offshore Ltd, owners of Nigeria’s first indigenous Floating Liquified Natural Gas (FLNG), Dr. Julius Rone has been conferred with the inaugural Royal Order of Iwere Distinguished Award by the Olu of…
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Atiku AbubakarA former Vice President, Atiku Abubakar, has asked the federal government to explain why Oando Plc got accelerated approval to buy the onshore assets of Agip and Eni while other transactions such as the Shell/Renaissance…
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The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday provided an update on recent divestment activities involving International Oil Companies (IOCs), stating that Ministerial approvals…
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On August 21, Cajethan Aniaku, commander of NNS Pathfinder, said the navy discovered an illegal crude oil refining site with a capacity of 200 million barrels per day (bpd) of petroleum products. Speaking to journalists during a …
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Motorists queuing at a filling station Photo: Stanley Ogidi How we get fuel from Nigerian smugglers – Niger petrol dealer Petrol hits N850/litre at depots, filling stations raise pricesWhile many Nigerians are keeping vigil at…
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Experts have only made little progress after 25 years of democracy, highlighting that policy inconsistencies have dwarfed the country’s growth.Speaking at the ‘National Economic Dialogue’ organised by the Nigerian Economic Summit…
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