The thirst for oil in China, the world’s biggest crude importer, is drying up rapidly as the response to the coronavirus outbreak has seen industry shuttered...
The Petroleum Industry Bill (PIB), which was first introduced to the National Assembly in 2008 with the aim to increase transparency at the NNPC and to...
The international oil benchmark, Brent crude have sunk to its lowest level in more than a year trading below the Federal Government’s benchmark for the 2020...
Following weeks of crisis that threatened its ownership of OPL 310 oilfield after a $180 million loan that turned out to be a sham, Lekoil Limited...
The Transmission Company of Nigeria (TCN) has disclosed that subsequent collapse of the National Grid cannot be totally avoided in the country. According to the company,...
Economic and financial expert have said that Nigeria needs to step up its game to revive the economy, as it has lost its space among the...
In its plans at encouraging the use of Compressed Natural Gas (CNG) as an alternative to Premium Motor Spirit (PMS), the federal government has disclosed plans...
Power distribution companies must be recapitalised for Nigeria’s power industry to work and the Transmission Company of Nigeria has vowed to push for the Discos’ recapitalisation...
The Speaker of the Federal House of Representatives, Hon. Femi Gbajabiamila, has rejected the proposed increment of electricity tariff in the country via series of tweets...
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has announced that Chevron Nigeria Limited has agreed to recall the workers reportedly sacked in December...