The Department of Petroleum Resources (DPR), Warri Zonal Office on Friday sealed five petrol stations in Warri and environs for various offences. The stations were sealed...
By ANDREW OJIEZEL There seems to be end to the scarcity of petroleum products following the arrival of 12 ships that are waiting to discharge petroleum...
Against the backdrop of the continuous fall in the price of oil in the international market, which is now below the $38 benchmark proposed in the...
By Adedeji Adeyemi Fakorede The nation’s aggregate electricity need has been estimated at about 160,000 Mega Watts (MW) to satisfy the local electricity demand, even as...
The new electricity tariff as contained in the Multi-Year Tariff Order (MYTO) document is to begin by February 1, 2016, the Nigeria Electricity Regulatory Commission has...
…as local refineries hits 6.76m litres daily Following the decision of the Federal government to unbundled the Nigerian National Petroleum Corporation for optimum performance, President Muhammadu...
By SUNDAY ODIBASHI The Socialist Party of Nigeria (SPN) expressed its rejection of the Price Modulation policy of the Federal Government which led to the recent...
By ANDREW OJIEZEL Nigerian National Petroleum Corporation (NNPC), is owing Joint Venture (JV) partners, International Oil Companies (IOCs), $2.839 billion, about N567.76 billion, between January and...
Senate Leader Muhammed Ali Ndume has said that the proposed North East Development Commission (NEDCOM) before the National Assembly will function in the same capacity as...
Nigerians pay less than 40 per cent of the monthly bills given to them by their various electricity distribution companies, the power firms have said. According...