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Governors elected on the platform of the Peoples Democratic Party (PDP) are currently making moves to dissolve the National Work­ing Committee (NWC) of the party headed by the national chairman, Prince Uche Sec­ondus, Daily Independent has…
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Pegs global economic growth for 2022 at 4.1% Projects total oil demand for 2021 at 96.6mbpd By Teddy Nwanunobi The Organisation of the Petroleum Exporting Countries (OPEC) Reference Basket (ORB) increased for the…
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President Muhammadu Buhari has, on Thursday, performed a groundbreaking ceremony of the Kaduna-Kano rail line project in Kano State. Special Adviser to the President on Media and Publicity, Femi Adesina, made this known on his Facebook…
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*Prices at the pump appear to be on the rise again. *However, some relief – although not much – may just be right around the corner. To date, gasoline demand has "likely" peaked as the price of oil continues to drop as…
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The Nigerian Association of Road Transport Owners (NARTO) has cautioned the Federal Government and National Assembly not to use the Petroleum Industry Bill (PIB) to pave the way for Dangote Petroleum Refinery to monopolise importation of…
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The House of Representatives has stepped down the laying and consideration of the conference committee on the Petroleum Industry Bill (PIB) after a rowdy session over reduction in the 5 per cent earlier passed for host communities by the…
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By Teddy Nwanunobi The European Union policymakers have unveiled an ambitious plan to tackle climate change, as their proposal aims to reduce greenhouse gas emissions by 55 per cent, from 1990 levels by 2030 – a step towards ‘net zero’…
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The National Assembly (NASS) was thrown into commotion on Thursday as the House of Representatives was forced into a closed door session over considerations of the Petroleum Industry Bill (PIB). TheNewsGuru.com (TNG) reports the Senate…
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By Teddy Nwanunobi Latest information from the Organisation of the Petroleum Exporting Countries (OPEC), following its meetings of July 12 to 14, said that the crude oil futures rose on July 13 as strong demand combined with the…
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Mr. Abdulrazaq Isa, a general manager with Waltersmith Petroman Oil Limited, has been confirmed as the new chairman of the Independent Petroleum Producers Group (IPPG) with effect from June 29, 2021. He succeeds Mr. Ademola…
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