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The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, has said political leaders in some of the world’s most powerful nations helped in building consensus to curb the crisis in the…
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Chief Timipre Sylva, Nigerian Minister of State for Petroleum Resources had a phone discussion with HRH Prince Abdulaziz Bin Salman Al Saud, the Saudi Minister for Energy during which the two ministers focused on developments in the global…
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The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has tasked the Department of Petroleum Resources, DPR, to investigate the issue of importation of dirty, toxic and substandard fuel into the country by…
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Residents of Ijegun3, Satellite Town, Lagos on Wednesday urged the Federal Government to relocate petrol tank farms in the community. The Chairman of the Satellite Town Forum, Mr Michael Imitimi, made the call at an investigative…
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Oil prices fell on Wednesday as the United States government data showed a surprise rise in the country’s crude inventories, and as tensions escalated between the US and China. The international oil benchmark, Brent crude, fell 55…
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With glut in the Liquefied Natural Gas (LNG) sector, a new report from the Oxford Institute for Energy Studies (OIES), has stated that the margin for exporting the product remains negative, and could remain so for the duration of 2020. …
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Eni considers that the Public Prosecutor’s requests for conviction of the Company, its former and current CEOs and the managers involved in the OPL245 proceeding are completely groundless. During its indictment, in the absence of any…
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Auwalu Sarki, Director, Department of Petroleum Resources (DPR) has enjoined lubricant producers in the country to look beyond the shores of Nigeria and target the export market in the distribution of their products. A statement signed…
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Schneider Electric (SE) Foundation has created a fund to combat the economic hardship facing rural and disadvantaged communities Nigeria. This will focus on the basic needs, specifically meals for underprivileged children and communities…
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Rocky Mountain Institute (RMI), Ibadan Electricity Distribution Company (IBEDC), and Nayo Tropical Technology (Nayo Tech) have partnered to bring Nigeria’s first rural commercial undergrid minigrid online. John Ayodele, Chief Operating…
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