Oil Prices Extend Gains
By Teddy NwanunobiOil prices, on Monday, surged again, extending multi week gains as an energy crisis gripping major economies shows no sign of easing, amid a pick-up in economic activity and restrained supplies from major!-->!-->!-->!-->!-->…
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PIA: 17 Communities Battle Akwa Ibom over 56 Oil Wells
"Such an attempt to deny them is null, void, and of no effect, because they are ready to resist it, using all legal means"
By Teddy NwanunobiNo fewer than 17 local communities of Eastern Obolo Local Government Area of Akwa Ibom!-->!-->!-->!-->!-->!-->!-->…
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USA Grids Could be Hit by Energy Crisis
“If we get a prolonged cold this winter, there will be problems"
By Teddy Nwanunobi
The energy crisis that has led to electricity shortages and blackouts in Europe and Asia may be heading for the U.S.!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Power Sector: Minister Lauds NBET for Growth
By Teddy Nwanunobi
The Ministry of Power, Mr. Giddy Jedy-Agba, on Sunday, commended the Nigerian Bulk Electricity Trading (NBET) Plc. for its contributions to the growth of the power sector.Jedy-Agba noted that NBET’s commitment!-->!-->!-->!-->!-->!-->!-->…
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Tax: Non-oil Revenue Dwarfs Oil Revenue
By Teddy Nwnunobi
Oil revenues, which have, for years, contributed the most to the Federal Government’s revenues is currently lagging behind non-oil revenues, averaging 61 per cent over the last decadeData from the public!-->!-->!-->!-->!-->!-->!-->…
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Falana Tasks Malami to Recover $62bn Owed by IOCs
“Our clients have instructed us to remind you that the Federal Government has not enforced the above-mentioned Judgment of the Supreme Court of Nigeria delivered on October 20, 2018"
By Teddy NwanunobiHuman rights lawyer and a!-->!-->!-->!-->!-->!-->!-->…
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Tanker Drivers Withdraw Planned Strike
"Our Petroleum Tanker Drivers are hereby directed to continue providing services for the efficient and effective distribution of Petroleum products to homes and workplaces across the country"The leadership of the Nigeria Union of!-->!-->!-->!-->!-->…
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Call Off Strike for Nigerians, NNPC Begs Tanker Drivers
"Having recognised that the major reason slowing down the rehabilitation of the road networks in the country is the paucity of funds"
By Teddy NwanunobiThe Nigerian National Petroleum Corporation (NNPC) has called on the!-->!-->!-->!-->!-->!-->!-->…
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Shifting from Fossil Fuels Threat to Nigeria, Others – World Bank
“As the world decarbonises, the shift away from oil, gas, and coal will pose risk to the value of the wealth of countries that are already abundant in nonrenewable energy"
By Teddy NwanunobiThe World Bank Group has said that the!-->!-->!-->!-->!-->!-->!-->…
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Osinbajo Kicks Against Defunding Gas Projects for Net-zero Emission
By Teddy Nwanunobi
Nigeria's Vice President, Prof. Yemi Osinbajo, has said that the plan to defund gas projects in the run up to the global net-zero emissions target will be unhelpful to developing countries, such as Nigeria.!-->!-->!-->!-->!-->!-->!-->…
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