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By Adaobi Rhema Oguejiofor The Niger Delta Development Commission (NNDC) has said that all hands are on deck to ensure the completion and inauguration of the 132/33kv electricity substation that is being built by the Commission in…
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By Moses Patience Chat Rainoil Limited, a major downstream petroleum products marketer, has opened a 5000 squared-metre petrol filling station in Azagba Community of Benin City, the Edo State capital. This was disclosed by the…
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By Adaobi Rhema Oguejiofor Seplat Energy has delivered the necessary required documentation concerning its Chief Executive Officer (CEO), Roger Brown, to the Nigerian government. The Company revealed this on Thursday following…
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By Moses Patience Chat The Nigeriain National Petroleum Corporation Limited (NNPCL) has dismissed all allegations made against the company by Sahara Reporters in regards to inappropriate appointment of heads in the Group. This…
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By Adaobi Rhema Oguejiofor The Director General (DG) of the Securities and Exchange Commission, Lamido Yuguda, has said that the current crisis shaking Seplat, an indigenous Nigerian energy company, has nothing to do with its…
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By Moses Patience Chat The International Monetary Fund has suggested measures that Nigeria and other oil-producing countries need to put in place to resolve their low crude oil production challenges. This was revealed in its…
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By Moses Patience Chat Shell Companies in Nigeria on Wednesday dismissed allegations that the firm was in violation of Nigerian Content laws in awarding contracts to indigenous players from its hosts communities in the Niger Delta. …
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By Moses Patience Chat The House of Representatives Speaker, Femi Gbajabiamila, has lamented that Nigeria may lose over $2.4 billion in revenue from the alleged illegal sale of 48 million barrels of crude oil exported in 2015,…
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By Adaobi Rhema Oguejiofor LandWey Investment Limited, a Nigerian real estate development company, has disclosed that a $100 million landmark deal between the Company and Virtuitis Solaris, a subsidiary of MOJEC International…
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By Adaobi Rhema Oguejiofor The Federal Government has said that 50.3 Standard Cubic Feet (SCF) of gas, valued at N81 billion and equivalent to $176 million, was lost as a result of gas flaring in two months, despite the energy…
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