From ODIMMEGWA JOHNPETER, Abuja ARISING from key issues that are thrown up at the monthly sector meetings, the Minister of Power, Works and Housing, Babatunde Raji...
Global oil benchmark, Brent crude fell by five per cent to a two-month low on yesterday, Thursday 7th, after the United States government reported a weekly...
The Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA) and Pipelines and Products Marketing Company (PPMC) have indicated their intention to join the...
THE Organisation of Petroleum Exporting Countries (OPEC) oil output has risen in June to its highest in recent history, as Nigeria’s oil industry partially recovers from...
…berate FG over insensitivity FOLLOWING the dwindling economy in the country, the price of kerosene has increased to N220 per litre in Lagos, as against the...
The devaluation of the naira that has now pegged the exchange rate of the naira between N282-284/$ from the previous N199/$ is likely to lead to...
President Muhammadu Buhari has approved a new Board of Directors for the Nigerian National Petroleum Corporation, relieving Dr. Emmanuel Ibe Kachikwu as the Group Managing Director...
BY ODUNEWU SEGUN THE recurring losses of Oando Plc, plus huge debts and severe negative working capital position may cast significant doubt as to the company’s...
NIGERIA expects to become a net exporter of refined products and ends fuel importation by 2019, Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has...
NIGERIA’S declining gas market may soon see a boost if Shell Petroleum Development Company (SPDC) makes good it’s planned increased investment in the sector. Speaking to...