Nigeria spends around $12bn to $15bn to cover for the operational deficit at the nation’s refineries annually for domestic fuel consumption in the country. Group Managing...
Indications emerged over the weekend showing that power Distribution Companies (Discos) in Nigeria are set to install statistical meters on all distribution transformers to tame incidences...
The federal government has given a clear indication that it is not ready to change its mind in going ahead to re-privatize the moribund Ajaokuta Steel...
With the approval of a new service charge for new prepaid meters to be supplied by 87 meters asset providers (MAPS) recently licensed by the Nigerian...
Shell, Amni secure $250m loan facility from GTBank to improve production An indigenous oil and gas company, Amni International as well as Shell Western Supply and...
Femi Falana, human rights lawyer, has criticised the Nigerian National Petroleum Corporation (NNPC) for rejecting a request to provide information on the amount of money...
The Ahmadu Bello University (ABU), Zaria is making efforts to establish conventional and standard locally-built refineries in Niger Delta to boost the nation’s refinery capacity, but...
Shell Denies accusations Global watchdog on human rights, Amnesty International, has allegeed that oil giant Royal Dutch Shell PLC and Eni SpA may have misled regulators...
Oil prices are set to fall this week, with both benchmarks dropping slightly on Friday over rising concerns about supply from the U.S. and other nations threatening to...
By Richards Adeniyi The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has disclosed that the federal government’s plans to have modular refineries built in...