EU too dependent on Russian oil and gas to cut it off tomorrow – Dutch PM
EU countries still largely depend on Russian oil and gas for their energy supply and can't simply cut themselves off on short notice, Dutch Prime Minister Mark Rutte said on Monday."Too many refineries in the eastern and western!-->!-->!-->!-->!-->…
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Rich countries must stop producing oil and gas by 2034, says study
Iraq is one of the poor countries reliant on fossil fuel production that should be given until 2050, the report says
Poorest states should be given until 2050, says research aiming to set out fair way of ending fossil fuel economy!-->!-->!-->!-->!-->…
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Ex-OPEC Scribe Urges Host Communities To See Investors as Partners
A former the Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC) King Edmund Daukoru, has urged host oil communities to support investors and companies in their domain and refrain from burdening them with!-->!-->!-->…
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Worsening Fuel Scarcity Leaves Nigerians In Jeopardy
The fuel crisis being experienced since February this year left Nigerians in agony with many still groaning under the strain of the lack of premium motor spirit with no possible end in sight.A visit round some fueling stations!-->!-->!-->!-->!-->…
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Oil Thieves Rake in Billions of Naira Daily, Leaving Oil Firms to Count Losses in Tears
In recent weeks the rising oil prices has escalated the amount of theft, and owners of oil and gas companies are no longer having itThey are calling on the federal government to help as most of what they produced are stolen by unknown!-->!-->!-->…
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Why Nigeria Could Not Meet OPEC Quota – Elumelu
Nigeria’s billionaire businessman, Tony Elumelu has stated that the country couldn’t meet its oil production quota as approved by the Organisation of Petroleum Exporting Countries (OPEC) due to huge volume of crude oil theft.His!-->!-->!-->!-->!-->…
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How Nigeria Can Become A Leading Oil and Gas Supplier To European Market – African Business
Apart from retaining its position amongst the leading oil and gas producers in Africa in 2022, Nigeria, with over 37 billion barrels of crude oil reserves, has the potential to improve its energy exports to Europe and help address!-->!-->!-->…
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Seplat Trains 220 Academic Personnel in Edo, Delta to Improve Teaching Quality
By YANGE IKYAASeplat Energy Plc, a leading indigenous energy company and its partners, the Nigerian Petroleum Development Company (NPDC), have awarded certificates to a total of 220 people, comprising 214 teachers and 6 Chief!-->!-->!-->!-->!-->…
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Nigeria: IMF Names Factors Hampering Subsidy Removal
The International Monetary Fund, IMF has named the fear of political resistance, widespread corruption and pressure from interested groups is hampering the removal of fuel subsidy in Nigeria.The IMF said this in its ‘Nigeria:!-->!-->!-->!-->!-->…
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NARTO may begin full operation as FG implements 25% freight rate
As scarcity of the Premium Motor Spirit (PMS) persists in the Federal Capital Territory (FCT), tanker drivers and other haulage vehicles under the aegis of the Nigerian Association of Road Transport Owners (NARTO) may begin full!-->!-->!-->…
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