‘Nigeria Will Not Reverse Power Sector Privatisation’
Widespread agitations for review of the 2004 power sector privatization in Nigeria may have fallen on its face following the assertive declaration last weekend by the chairman of the Senate Committee on Power, Gabriel Suswan, the deed!-->…
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Oil prices drop due to rise in Covid-19 cases and US-China tensions
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Oil prices have decreased due to an increasing number of coronavirus (Covid-19) cases and tensions between the US and!-->!-->!-->…
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Petrol may sell for N400 per litre if PEF is scrapped – Marketers warn FG
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned against proposed plans to scrap the Petroleum Equalisation Fund (PEF).
The association said Nigerians in many parts of the country would be forced to buy!-->!-->!-->…
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Enhancing Fiscal Policies For The Oil And Gas Industry
…Collaboration among stakeholders should be imbibed
…Research and Development: key to industry reforms
…Friendly fiscal framework for investors by the government
The perturbation of every stakeholder in Nigeria oil and gas!-->!-->!-->!-->!-->!-->!-->…
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Oil theft: Court sentences two to five years imprisonment
The Economic and Financial Crimes Commission, EFCC, at the weekend, secured the conviction and sentence of two oil thieves, Oghenovo Emmanuel and Abdullahi Hassan Bika to five years imprisonment, before Justice M. L. Abubakar of the!-->…
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Why Senate summoned Amaechi, Sylva, NNPC GMD – Folarin
Senator representing Oyo Central at the National Assembly, Oloye Teslim Folarin, on Sunday revealed the rationale behind the invitation of the Minister of Transportation, Mr. Rotimi Amaechi, Minister of state for petroleum, Timipre Sylva!-->…
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ExxonMobil no longer second most valuable energy firm
Oil major, ExxonMobil’s value is gradually sliding as the firm no longer ranks as the world’s second most valuable energy firm, according to a report by Economic Times.
The most valuable company in India with diversified operations,!-->!-->!-->…
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MELE KYARI: Fuel Subsidy is a Misallocation of Resources, Benefitting the Rich
Early this month, Mr. Mele Kolo Kyari, geologist, crude oil marketer and the 19th Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) clocked one year in the saddle. Since his appointment in July 2019, Kyari!-->…
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Illegal refineries destroyed as troops battle crude oil thieves
Scores of illegal refineries where stolen crude oil is suspected to be refined in the creeks of the Niger Delta have been uncovered and destroyed by troops of the Operation Delta Safe in a renewed offensive against crude oil thieves.
No!-->!-->!-->…
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Stakeholders advocate strategies for development of oil and gas zones
Stakeholders have advocated for a Repositioning the Oil and Gas Free Zones for Global Competitiveness. Speaking at the Webinar organised by SING Nigeria, a good governance and accountability organisation, which partnered with other CSOs in!-->…
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