The various companies operating in the oil and gas sector have been identified to have wasted 119.15 billion Standard Cubic Feet (SCF) in gas flaring between...
Eko Electricity Distribution Company and Afam Power Plc have been fined N66.6m by the Nigerian Electricity Regulatory Commission for their failure to submit their audited...
By OKOSUN DENNIS The Nigerian Navy, in support of OPERATION DELTA SAFE, has destroyed two barges at Taraba Jetty axis and arrested one of the suspects....
As Nigerian look forward to the New Year, the likelihood of a fuel price increase is not impossible following the rise in the landing cost...
Efforts at curtailing the activities of electricity vandals in Benin Electricity Distribution Plc. (BEDC) network has again yielded results as two persons, Friday Tega and Tega...
A campaign against crude oil theft mounted this year by The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has highlighted the dangers of crude oil...
The Central Bank of Nigeria (CBN) has asked banks to submit bids for a “special currency auction” to clear the backlog of matured outstanding dollar obligations...
Nigerian Petroleum Development Company (NPDC), the exploration and production subsidiary of the Nigerian National petroleum Corporation (NNPC) lost N1.5 trillion in 2016 due to attacks on...
AS part of the planned restructuring of the Nigerian National Petroleum Corporation, Minister of state for Petroleum, Resources Ibe Kachikwu has recommended for the establishment of...
A new refinery is currently being constructed in Akwa Ibom state where its governor, Udom Emmanuel, has performed the official foundation laying ceremony. The new 100,000-barrel...