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By Moses Patience Chat Africa, with her massive unexplored gas fields, would be able to provide great employment opportunities to its people, if the continent enhances gas penetration by developing gas infrastructure. This is…
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*Crude oil barrels Oil prices fell on Wednesday as concerns about fuel demand were stoked by expectations minutes of the U.S. Federal Reserve’s most recent policy meeting due later in the day would indicate a need for higher interest…
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Vice President Yemi Osinbajo Vice President Yemi Osinbajo yesterday said the Federal Government would h nceforth hold authorities responsible for loss of crude oil, describing the menace as an affront on the integrity of the government.…
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The Nigerian National Petroleum Company Limited (NNPCL) on Friday said the complete assets and liabilities of the Nigerian National Petroleum Corporation (NNPC) have been transferred to the state oil company, easing its means of doing…
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*Fuel dispenser pump The Independent Petroleum Marketers Association of Nigeria, IPMAN, has disclosed that the official ex-depot price of petrol is now N180 per litre as against the previous N148 per litre under the new price regime…
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Horatius Egua, media aide to Timipre Sylva, minister of state for petroleum resources, has apologised to Nigerians and industry operators over a media publication error. Egua, on Monday, released a statement quoting Sylva as saying…
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Adaobi Rhema Oguejiofor The Independent Petroleum Marketers Association (IPMAN) has called on the Federal Government to resume operations at the Enugu Petroleum Depot, which it said has been deserted for about 25 years. Chinedu…
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By Moses Patience Chat The President of the Renewable Energy Association of Nigeria (REAN), Ayo Ademilua, has said that high cost is the reason why Nigerians are not able to quickly change from the use of diesel or petrol to…
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Adaobi Rhema Oguejiofor The Nigerian National Petroleum Company (NNPC) Limited has disclosed that the amount of money spent as subsidy on fuel is now over N400 billion per month. Mele Kyari, the Group Chief Executive Officer…
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By Adaobi Rhema Oguejiofor The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has put forward strategies that would collapse barriers and boost partnerships among governments and…
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