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To reduce what it described as incredible economic waste, compounded by environmental pollution, the Nigeria Sovereign Investment Authority (NSIA), plans to invest in the biggest gas flare capture in the country. The decision follows…
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Eland Oil & Gas, Nigeria focused upstream oil and natural gas exploration company and its partner state-owned Nigerian Petroleum Development Company (NPDC) are set to start a five-well drilling campaign this month in OML 40 onshore the…
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Maifata who is also the Chairman of Lafia LGA, told journalists on Tuesday in Lafia that it was untrue that the 13 LGAs in the state had already received June allocation directly from the federation account. Aminu Maifata, Nasarawa…
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*The veteran premier himself faces possible indictment for bribery, fraud and breach of trust  An Israeli court Sunday convicted the wife of Prime Minister Benjamin Netanyahu of fraudulently using state funds for meals, under a plea…
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A total of 596 oil firms have been dropped in the gas flare bid round as the race for commercialisation license hots up. The Department of Petroleum Resources (DPR), which declared this yesterday, maintained that only 254 out of 850…
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Moses Simon insists the Super Eagles are not under pressure ahead of the Africa Cup of Nations despite Monday’s 1-0 loss to Senegal in their final pre-AFCON friendly game played on the football pitch of the Mercure Hotel in Ismaïlia. …
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The Central Bank of Nigeria has released a total of N607.87bn credit to selected Deposit Money Banks to disburse for 587 agricultural projects, latest figures from the CBN have shown. In its most recent economic report, the apex bank…
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70,000 bpd production target hits the rocks Pan Ocean Oil Corporation, an indigenous oil exploration and production firm, has begun to suffer hitches in production, as the revocation of Oil Mining Lease (OML) 98 began to take…
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Gov Darius Ishaku declared a curfew in Jalingo over fresh crisis Curfew to run from 4pm to 6am daily Says curfew was necessary in light of rising insecurity, urges strict compliance Governor Darius Ishaku of Taraba has imposed…
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Nigeria may continue to lose an estimated N995.2 billion yearly to crude oil theft except the Federal Government adopts efficient technology in metering and mapping movement of crude from extraction to exportation. The Federal…
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