CRUDE prices trended lower on Thursday after the Energy Information Administration (EIA) reported a weekly build in crude oil inventories at 6.8 million barrels. Brent crude...
The Manufacturers Association of Nigeria has cried out that investments are being lost as a result of the continued poor power supply across the country. MAN...
The rising incidence of oil bunkering in the Niger Delta seems to have pushed militancy in the region to the back seat as most now turned...
By Richards Adeniyi The Nigerian National Petroleum Corporation (NNPC) said it met its financial obligations to the Federation Account in 2018 by remitting N1.26 trillion as...
By Richards Adeniyi The Depot and Petroleum Marketers Association of Nigeria (DAPMAN) says the rise in landing cost of petroleum products has renewed calls for full...
The Kaduna Refining and Petrochemical Company did not refine any crude oil from February 2018 to January this year, the latest data obtained from the Nigerian...
The President, Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Francis Johnson, has died. The General Secretary of the organisation, Okugbawa Lumumba, disclosed this...
The federal government has taken some steps to boost revenue receipts in the face of the state of the nation’s fragile economy. One of the steps...
Port Harcourt Electricity Distribution Company (PHED), the key electric power distribution (Disco) outfit in the South-South geopolitical zone, covering Rivers, Bayelsa, Akwa Ibom and Cross River...
President Muhammadu Buhari is yet to take effective action over the controversy of on alleged missing oil money in the Department of Petroleum Resources (DPR). National...